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Chinese Court Classifies Bitcoin as Property in Case Involving 107 BTC Theft

GADGETS 360·3h ago·3 min read
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A court in Qingdao, China, sentenced a man for stealing 107 Bitcoin after he reconstructed a victim’s wallet seed phrase. Prosecutors argued that Bitcoin qualifies as property, a position that played a central role in the case.

A court in Qingdao, China, sentenced a man for stealing 107 Bitcoin after he reconstructed a victim’s wallet seed phrase. Prosecutors argued that Bitcoin qualifies as property, a position that played a central role in the case.

A court in Qingdao, China, sentenced a man for stealing 107 Bitcoin after he reconstructed a victim’s wallet seed phrase. Prosecutors argued that Bitcoin qualifies as property, a position that played a central role in the case.

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