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China court treats Bitcoin as property in 107 BTC theft case

Olivia Stephanie

June 8, 2026

A Chinese court jailed a man for 10 years and nine months after he memorized a seed phrase, stole 107 Bitcoin and took 660,000 yuan in cash.

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Hand-Picked Top-Read Stories

China court treats Bitcoin as property in 107 BTC theft case

How long do crypto bear markets actually last?

Congress wants to ban lawmakers from crypto prediction markets

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China court treats Bitcoin as property in 107 BTC theft case

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