China seizes $3.2 billion in BTC

China seizes $3.2 billion in BTC – threat to Bitcoin’s upward trend? The Chinese government has reportedly confiscated $4.2 billion worth of crypto-currencies. This includes 194,775 BTC worth $3.2 billion. Although the volume is large, it can be argued that it is not really a big deal. On 31 July, the local Chinese news channel […]