Tianjin Court Approves Seizure of 61,800 BTC and Other Assets in RMB 40 Billion Fraud Case
The court accepted a case seeking confiscation of over RMB 40 billion in illegal fundraising and 61,800 bitcoins, plus 72,700 each of Bitcoin Cash, Bitcoin Gold, and Bitcoin SV, 3.606 million XRP, and 70,081,200 Dogecoin. UK authorities converted the Dogecoin to an interest-bearing account. Qian Zhimin fled and is wanted. Prosecutors seek forfeiture of these assets except investor repayments.
