China Opens Forfeiture Proceedings for 61,896 BTC Tied to Qian Zhimin Case
Regulation
Chinese authorities opened forfeiture proceedings seeking 61,896.41552945 BTC and other assets linked to the Qian Zhimin case after a Tianjin court accepted prosecutors' application. Prosecutors allege the scheme raised more than 40.378 billion yuan and left over 102,000 participants with combined losses exceeding 19.977 billion yuan.
BTC
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