# China Targets 61,896 Bitcoin Still Held by British Authorities: Report

- Source: Bitcoin News
- Published: 2026-10-22T15:40:00+00:00
- Category: Markets
- Original: https://news.bitcoin.com/regulation-and-legal/china-targets-61896-bitcoin-still-held-british-authorities-report/
- Canonical: https://groundlevelnews.com/story/china-targets-61-896-bitcoin-still-held-by-british-authorities-report-e887cb/

Chinese prosecutors are seeking to confiscate 61,896 bitcoin worth approximately $5.1 billion, currently held by British authorities, after one of the world’s largest cryptocurrency seizures. The assets trace back to Qian Zhimin, convicted in Britain for handling criminal proceeds from a Chinese investment fraud. A recent U.K. court ruling has complicated the battle over who […]

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