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UK government intends to keep $7 billion stolen bitcoin it seized

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2025-10-01 20:49:12
The British government is seeking to retain most of the bitcoins seized in 2018 from Zhimin Qian, who pleaded guilty to a charge of possessing assets derived from crime.
Victims of the scam have filed a civil lawsuit to seek compensation, with the first hearing scheduled for January. Legal experts say that while victims are entitled to compensation under UK law, they may end up receiving only the value of their losses at the time of the crime.
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