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🚨 CHINA SEIZES 180+ BITCOINS IN DOUBLE INVESTIGATION — COURT HEARING SET FOR RETRIAL $BTC
A dramatic case is unfolding in China as authorities target a man holding hundreds of bitcoins. Li Dong, from Shenzhen, saw over 180 BTC confiscated by police in two separate locations — Zhangjiajie in Hunan and Changge in Henan — under allegations of operating a casino. The seized bitcoins had a combined cash value exceeding 80 million yuan.
Despite the massive confiscation, Li Dong was not found guilty of running a casino. Instead, the Changge City Procuratorate filed new charges against him, accusing him of theft and infringement of citizens’ personal information.
In January 2026, the Changge City People’s Court held the first public hearing, announcing that the case will be retried at a later date, leaving the final outcome uncertain.
This case highlights the growing scrutiny around Bitcoin holdings in China and the risks of operating in opaque legal waters. Observers note that many Bitcoin holders in the country are either keeping a low profile or maintaining strictly private holdings.
#加密市场观察 #BitcoinChina #CryptoLaw #BTCSeizure
$BTC
$SOL
Follow RJCryptoX for real-time alerts 🚨
Despite the massive confiscation, Li Dong was not found guilty of running a casino. Instead, the Changge City Procuratorate filed new charges against him, accusing him of theft and infringement of citizens’ personal information.
In January 2026, the Changge City People’s Court held the first public hearing, announcing that the case will be retried at a later date, leaving the final outcome uncertain.
This case highlights the growing scrutiny around Bitcoin holdings in China and the risks of operating in opaque legal waters. Observers note that many Bitcoin holders in the country are either keeping a low profile or maintaining strictly private holdings.
#加密市场观察 #BitcoinChina #CryptoLaw #BTCSeizure
$BTC
$SOL
Follow RJCryptoX for real-time alerts 🚨
Chinese Company Accelerates Bitcoin (BTC) Purchases! $530 Million in New Purchases to Be Made!
Institutional interest in Bitcoin has been increasing in recent months, with many companies either purchasing Bitcoin for the first time or increasing their purchases.
At this point, Chinese company DDC Enterprise plans to accelerate its Bitcoin purchases.
DDC Enterprise, which first started buying Bitcoin in May, announced that it will receive a total investment of $528 million in three different ways to increase its BTC purchases.
In the official statement, it was stated that the majority of the $528 million fund will be used to purchase Bitcoin.
Almost all of the capital increase will be devoted to expanding the Company's Bitcoin treasury.
The funding, which is earmarked for the largest single-purpose Bitcoin purchase by any NYSE-listed company, is expected to accelerate DDC’s mission to build one of the most valuable institutional Bitcoin assets.
Norma Chu, Founder and CEO of DDC Enterprise, said:
“Our vision is clear: We are building the world's most valuable Bitcoin treasury.
This funding is expected to position DDC as one of the top global institutional Bitcoin holders.
My focus at DDC Enterprise will be to grow our BTC treasury and consistently deliver attractive BTC returns for our shareholders.”
The Chinese company announced in May that it plans to purchase 5,000 Bitcoin (BTC) as part of its strategic growth plans for 2025. The company also stated that it took this step in line with the goal of creating a “Strategic Bitcoin Reserve.”
*This is not investment advice.
#bitcoinChina #BTC走势分析 #Bitcoin
Institutional interest in Bitcoin has been increasing in recent months, with many companies either purchasing Bitcoin for the first time or increasing their purchases.
At this point, Chinese company DDC Enterprise plans to accelerate its Bitcoin purchases.
DDC Enterprise, which first started buying Bitcoin in May, announced that it will receive a total investment of $528 million in three different ways to increase its BTC purchases.
In the official statement, it was stated that the majority of the $528 million fund will be used to purchase Bitcoin.
Almost all of the capital increase will be devoted to expanding the Company's Bitcoin treasury.
The funding, which is earmarked for the largest single-purpose Bitcoin purchase by any NYSE-listed company, is expected to accelerate DDC’s mission to build one of the most valuable institutional Bitcoin assets.
Norma Chu, Founder and CEO of DDC Enterprise, said:
“Our vision is clear: We are building the world's most valuable Bitcoin treasury.
This funding is expected to position DDC as one of the top global institutional Bitcoin holders.
My focus at DDC Enterprise will be to grow our BTC treasury and consistently deliver attractive BTC returns for our shareholders.”
The Chinese company announced in May that it plans to purchase 5,000 Bitcoin (BTC) as part of its strategic growth plans for 2025. The company also stated that it took this step in line with the goal of creating a “Strategic Bitcoin Reserve.”
*This is not investment advice.
#bitcoinChina #BTC走势分析 #Bitcoin
🌏🔥 The History of Bitcoin$BTC in China — A Quick Look
🐉🇨🇳 China’s Crypto Influence
China has played a massive role in shaping Bitcoin $BTC — from early adoption to mining power and strict crackdowns.
🚀📈 2011–2013: Early Adoption
Chinese users and exchanges like BTCC boosted Bitcoin’s early growth.
⚡⛏️ 2014–2017: Mining Superpower
China became the world’s #1 Bitcoin $BTC mining hub, dominating global hash rate due to cheap electricity and large mining farms.
❌📉 2017: ICO & Exchange Ban
China banned ICOs and limited crypto exchanges, pushing platforms abroad.
🏭🔒 2021: Mining Crackdown
A full mining ban caused a global hash-rate dip, with miners relocating to the US & Kazakhstan.
💹🌍 Today: Influence Remains
Despite strict rules, China still impacts global Bitcoin sentiment & market reactions.
#BitcoinChina #BTC #CryptoHistory #BitcoinMining #ChinaCrypto
🐉🇨🇳 China’s Crypto Influence
China has played a massive role in shaping Bitcoin $BTC — from early adoption to mining power and strict crackdowns.
🚀📈 2011–2013: Early Adoption
Chinese users and exchanges like BTCC boosted Bitcoin’s early growth.
⚡⛏️ 2014–2017: Mining Superpower
China became the world’s #1 Bitcoin $BTC mining hub, dominating global hash rate due to cheap electricity and large mining farms.
❌📉 2017: ICO & Exchange Ban
China banned ICOs and limited crypto exchanges, pushing platforms abroad.
🏭🔒 2021: Mining Crackdown
A full mining ban caused a global hash-rate dip, with miners relocating to the US & Kazakhstan.
💹🌍 Today: Influence Remains
Despite strict rules, China still impacts global Bitcoin sentiment & market reactions.
#BitcoinChina #BTC #CryptoHistory #BitcoinMining #ChinaCrypto
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