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

Co
CoinDesk
By Omkar Godbole
10/13/2026, 9:25:03 AM
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UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin
EXECUTIVE SUMMARY

The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.

Key Takeaways

  • UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin.
  • The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.
  • The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.

The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.

Share:WhatsAppFacebookX (Twitter)Telegram

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