UK court ruling aids government's case to retain $5 billion in seized bitcoin

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A UK court ruling has improved the government's legal position regarding approximately $5 billion worth of seized bitcoin. The 61,000 bitcoins were confiscated by London's Metropolitan Police during a criminal investigation. The assets are linked to Zhimin Qian, who admitted guilt in a fraud case affecting thousands of victims in China. The ruling concerns the potential forfeiture of these funds to the state.

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