1% of the total Bitcoin supply has just been seized by Chinese police


Source: forexnews.online forexnews.online

Key Topics in this News Article:

News Snapshot:

The Chinese police have seized 194,774 Bitcoin (1% of the total Bitcoin supply of 21 million BTC) worth more than $ 3.2 billion, in the latest operation against the infamous PlusToken scheme that defrauded investors of approximately $ 7.6 billion. . Additionally, Chinese authorities seized other crypto assets, including 830,000 ETH, 1.4 million LTC, 487 million XRP, 213,000 USDT, 79,000 BCH, 27 million EOS, and 6 billion DOGE. The ruling was released by the Jiangsu Yancheng Intermediate People's Court on November 19, giving the full breakdown of the total assets seized by the police. The news comes four months after...