The 320,000 bitcoins seized from the national treasury in the "first case in the cryptocurrency world" are now worth 93.4 billion yuan

The 320,000 bitcoins seized from the national treasury in the "first case in the cryptocurrency world" are now worth 93.4 billion yuan

Since 2021, the price of Bitcoin has hit new highs, once climbing to $57,462.35. Although the price of Bitcoin has fallen back recently, it still remains around $45,000.

AI Finance learned that the Plus Token case that shocked the cryptocurrency industry involved eight virtual tokens, including Bitcoin, Bitcoin Cash, Dash, Dogecoin, Litecoin, Ethereum, EOS, and Ripple, including 314,200 Bitcoins, 9.2 million Ethereums, and 11 billion Dogecoins.
According to the Price Certification Center of the Yancheng Municipal Price Bureau, based on the lowest prices from May 1, 2018 to June 27, 2019, the above eight digital currencies are equivalent to RMB 14.8 billion.
Since the second-instance verdict in November 2020, all the above-mentioned digital currencies worth 14.8 billion have been turned over to the national treasury. According to the latest price of Bitcoin, the value of the 320,000 Bitcoins confiscated to the national treasury has climbed to about 93.4 billion yuan.

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