The post Crypto News : China to Seize 61,896 Bitcoin in $5.6 Billion Fraud Case appeared first on Coinpedia Fintech News
China is seeking to seize 61,896 Bitcoin worth billions of dollars linked to a fundraising fraud that caused losses of nearly 20 billion yuan for investors. A court in Tianjin has accepted prosecutors’ request to confiscate the Bitcoin and other assets linked to Qian Zhimin, who allegedly ran the scheme through Lantian Gree. The case …