Li Dong, an IT professional from Shenzhen, had his Bitcoin holdings seized by police in Zhangjiajie, Hunan, and Changge, Henan, amid allegations of "operating a casino." Authorities confiscated 103 BTC, valued at nearly 50 million RMB, and 80 BTC, totaling over 80 million RMB. The charges were later altered to "theft and infringement of citizens' personal information," with the case being heard in Changge City Court in January. The court has adjourned and will reconvene at a later date.
Chinese IT Professional's Bitcoin Seized Amid Changing Charges
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