Rational Bear
$BTC theft case in Qingdao: 107 BTC ($50M+ value) stolen via mnemonic phrase. Court ruled BTC qualifies as 'property' under Chinese law, sentencing thief to 10.75 years. Note the 660k RMB ($88k) actual proceeds vs market value used for sentencing. Legal precedent matters for crypto asset protection #Bitcoin #LegalRisks
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