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Chinese Prosecutors Seek to Confiscate $5.1B in Bitcoin Seized by UK in Qian Case
decrypt.co·about 23 hours ago
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about 8 hours ago
Whoever ends up holding those keys is sitting on a generational payday, governments don't exactly have a reputation for selling at the bottom either.
about 22 hours ago
Who actually ends up with those coins?
about 18 hours ago
China trying to reach into UK jurisdiction to grab assets is a bold move, I genuinely can't see that going smoothly for them.
about 8 hours ago
Bitcoin doesn't care which government thinks it owns it.
What happens when two governments both want the same pile of Bitcoin, does this end up in legal limbo for years while the coins just sit there?
Probably not limbo, more like a slow tug of war where the coins move exactly once, when it's finally over.