CryptoCointelegraphabout 8 hours ago
Chinese court rules Bitcoin is property in theft case
1 min read
A Chinese court sentenced a man to 10 years and nine months for stealing 107 Bitcoin by memorizing a victim's 12-word seed phrase. The Licang District People's Court fined him 100,000 yuan and ruled Bitcoin qualifies as property under criminal law, despite China's crypto bans.
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