They’ll fumble this one I can guarantee it. First bit of pressure from China and they’ll hand it back.
Vashka69 on
They’ll hand it over to the migrants.
dakinekine on
The fact that the UK government is trying to jack a load of stolen bitcoin is bullish af
uselesslife2019 on
I mean a nation was built on stealing foreign riches, why stop now 🫶
jackhawk56 on
Nothing surprising. They have kept huge wealth stolen from its former colonies. Basically, a country of crooks and looters.
Crypto-Bullet on
The UK stealing?? Oh say it ain’t soooo
EmuSea4963 on
It’ll all get spaffed on Bonnie Blue Onlyfans subscriptions
coinfeeds-bot on
tldr; The UK government is seeking to retain most of the $7 billion in Bitcoin seized in connection with a Chinese investment fraud, following the conviction of organizer Zhimin Qian. The case involves 61,000 BTC seized in 2018, with over 120,000 victims in China seeking compensation. Legal experts argue victims are entitled to claims under UK law, but the government may adopt a proportional distribution approach. The outcome could see victims compensated in fiat currency, with the government benefiting from Bitcoin’s increased value. Civil proceedings are ongoing, potentially extending into 2027.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Next_Statement6145 on
they want that sweet sweet uptober bitcoin
vrsatillx on
I thought governments stealing billions in crypto was a North Korean thing
luvme4ev on
Who is surprised by this?
Enschede2 on
They should just put it in a museum for „safekeeping“
AgitatedDragonfly769 on
Watch them dump it on us like the Germans did
ObviousEconomist on
The victims are from China. Taking it away from them sounds unfair
M1dnightBlue on
It’s going in the British Museum! With the rest of the loot, I mean artifacts.
HannyBo9 on
Everything government has it has stolen.
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17 Kommentare
Lets see whether the UK is smarter than Germany…
They’ll fumble this one I can guarantee it. First bit of pressure from China and they’ll hand it back.
They’ll hand it over to the migrants.
The fact that the UK government is trying to jack a load of stolen bitcoin is bullish af
I mean a nation was built on stealing foreign riches, why stop now 🫶
Nothing surprising. They have kept huge wealth stolen from its former colonies. Basically, a country of crooks and looters.
The UK stealing?? Oh say it ain’t soooo
It’ll all get spaffed on Bonnie Blue Onlyfans subscriptions
tldr; The UK government is seeking to retain most of the $7 billion in Bitcoin seized in connection with a Chinese investment fraud, following the conviction of organizer Zhimin Qian. The case involves 61,000 BTC seized in 2018, with over 120,000 victims in China seeking compensation. Legal experts argue victims are entitled to claims under UK law, but the government may adopt a proportional distribution approach. The outcome could see victims compensated in fiat currency, with the government benefiting from Bitcoin’s increased value. Civil proceedings are ongoing, potentially extending into 2027.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
they want that sweet sweet uptober bitcoin
I thought governments stealing billions in crypto was a North Korean thing
Who is surprised by this?
They should just put it in a museum for „safekeeping“
Watch them dump it on us like the Germans did
The victims are from China. Taking it away from them sounds unfair
It’s going in the British Museum! With the rest of the loot, I mean artifacts.
Everything government has it has stolen.