Cryptocurrency Q&A Why was bitcoin seized in China?

Why was bitcoin seized in China?

MysticInfinity MysticInfinity Wed Feb 26 2025 | 7 answers 1674
I heard that China has recently seized a large amount of bitcoin, and I'm wondering why they did that. Is it because they don't support cryptocurrency or is there some other reason behind this action? Why was bitcoin seized in China?

7 answers

Bianca Bianca Fri Feb 28 2025
The Bitcoin seizure is believed to be unprecedented in scale.

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Caterina Caterina Thu Feb 27 2025
Authorities are actively searching for the suspect believed to be behind the fraudulent activity.

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SumoPower SumoPower Thu Feb 27 2025
The Bitcoin seizure is a significant development in the investigation of the investment fraud case.

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Sara Sara Thu Feb 27 2025
Prosecutors have stated that there is a lack of legitimate evidence regarding the acquisition of the Bitcoin.

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EthereumEagle EthereumEagle Thu Feb 27 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet management.

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