Man Sentenced to 12 Years 7 Months for Stealing 4 Bitcoin Worth 900K Yuan

BTC3.3%
According to ChainCatcher, citing a Fuzhou prosecutor's office disclosure, a man was convicted of theft and sentenced to 12 years and 7 months imprisonment with a 300,000 yuan fine for stealing 4 bitcoin from another person and illegally profiting approximately 900,000 yuan. The Fuzhou court's ruling established that bitcoin, despite lacking legal tender status under current regulations, qualifies as property under criminal law due to its value, controllability, and transferability, making its theft subject to criminal prosecution.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments