United Kingdom authorities found 61,000 BTC when they raided a house rented by money launderers in 2021.
The victims of an investment fraud scheme facilitated by an electronics company in China are looking to recover $4.3 billion in Bitcoin (BTC) bought with their money with the help of the United Kingdom government.
A group representing the scam victims reportedly submitted a letter to the Ministry of Foreign Affairs of China requesting it to negotiate with the U.K. government to recover the seized Bitcoin.
The funds were taken through a $6.2-billion investment scheme conducted by Tianjin Lantian Gerui Electronic Technology from 2014 to 2017.
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Source: https://cointelegraph.com/news/fraud-victims-china-recover-bitcoin-seized-united-kingdom