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UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin

UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin

A UK court has ruled in favor of the government's claim to 61,000 bitcoins, worth approximately $5 billion, seized during an investigation into Zhimin Qian. Qian pleaded guilty to defrauding thousands of people in China. The ruling boosts the government's chances of keeping the seized cryptocurrency.

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