Morning Edition · Friday, October 23, 2026Published at 1:49 AM EDT · New York
Chinese prosecutors value the coins at about $5.1 billion and want them for more than 102,000 investors, which puts Beijing's claim against Britain's own recovery process.

China has opened its own proceeding to confiscate the bitcoin that British police seized from Qian Zhimin, Bitcoin Magazine reported. Qian fled China in 2017 and settled in Britain. Tianjin's Second Intermediate People's Court accepted pros…
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States Turn Crypto Rails Into Sanctions Instruments
Governments increasingly track, freeze, and seize on-chain assets to enforce sanctions, turning traceable ledgers and centrally controlled stablecoins into extensions of financial statecraft rather than escapes from it.
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