CryptoBullishcrypto.news · 4h ago7/10
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China court treats Bitcoin as property in 107 BTC theft case
A Chinese court sentenced a man to 10 years and nine months for stealing 107 Bitcoin after memorizing a seed phrase, marking a significant legal precedent where Chinese courts explicitly recognized Bitcoin as property. This ruling strengthens legal frameworks for cryptocurrency theft prosecution and demonstrates growing institutional acceptance of crypto assets in judicial systems.
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