UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin
The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.
The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.
Related market data
- BTC: price 83,473, 24h 0.05%, funding 0.0003%/h, OI $3.22B
- PEOPLE: price 0.007870, 24h -4.76%, funding 0.0013%/h, OI $310.9K
Read the full story at coindesk.com: https://www.coindesk.com/policy/2026/10/13/u-k-court-ruling-boosts-government-s-chances-of-keeping-gbp3-8-billion-seized-bitcoin