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Chinese Prosecutors Seek Confiscation of 61,896 Bitcoin in Qian Case
Chinese prosecutors are seeking the confiscation of 61,896 Bitcoin in connection with the Qian case. The legal application filed in Tianjin provides for victim restitution, while ownership claims regarding the coins held in the United Kingdom must be assessed under Chinese law. In local regulatory actions, the city of Albuquerque has banned Bitcoin ATMs. Meanwhile, Chinese stocks have entered a bear market as selling spreads across Asia. Additionally, Qubic restarted its chain while victims seek 1.3 million dollars in stolen QU.