Yancheng police are amazing 👍👍👍
Recently, the Yancheng police seized 194,000 Bitcoins, which at the current price is worth nearly 19.4 billion dollars, equivalent to over 130 billion yuan. This is simply an astronomical figure! Such wealth could even be used to build multiple aircraft carriers. It reminds me of a 'big rough guy' who was caught, and the confiscated Bitcoins were used for futures trading, resulting in severe losses. If the Yancheng batch of Bitcoins is handled in the same way, the consequences would be unimaginable. As for whether the 'big rough guy' is now released and how he feels about the Bitcoin increase, he probably can only regret it.
In addition, regarding the PlushToken illegal fundraising case, many people suffered losses, the wallet founder was arrested, and some funds may never be recovered. It is said that Yancheng police officer Huang embezzled thousands of Bitcoins, but in the end, these Bitcoins still returned to the national treasury.
For the country, how to handle this wealth is a big issue. Although some suggest that the country could use these Bitcoins for investment, considering market volatility and risks, the country is more likely to choose a prudent approach to avoid unnecessary economic risks for the public.
After all, the bubble in the Bitcoin market could burst at any time, and the country would not take risks lightly. So, what do you think will happen to these 194,000 Bitcoins? Feel free to leave a comment for discussion.