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US Treasury Moves to Seize 127,271 BTC From Chinese National Behind Global Scam Ring

The U.S. Department of the Treasury has announced sweeping sanctions and forfeiture actions targeting transnational criminal organizations tied to large-scale “pig butchering” scams, including an effort to seize 127,271 bitcoin…

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Officials Warn Against Using Seized BTC to Fill UK Fiscal Gap Amid Legal Uncertainty

The UK Treasury is reportedly considering keeping most of the 61,000 bitcoins seized from Chinese fraudsters in 2018, potentially to help address fiscal shortfalls. However, officials have warned against relying…

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