Policy
UK Could Sell $5 Billion in Seized Bitcoin After Court Ruling
Coinpedia·October 13, 2026·1 min read
A London High Court ruled that Chinese law applies to claims by victims seeking the 61,000 Bitcoin seized from fraudster Zhimin Qian. The Bitcoin, acquired between 2014 and 2017, is now worth about $5 billion. The ruling could limit victims' claims to the original value of their losses, potentially leaving more of the price appreciation with the government.
Read at CoinpediaDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.