In rare move, mainland China court sells seized blockchain tokens overseas

Source: China – South China Morning PostShanghai, mainland China’s financial centre, has become one of the first cities in the country to use an overseas cryptocurrency trading platform to reprice and sell more than 90,000 filecoins – a blockchain-based storage token – that were seized in criminal cases.
A district-level court partnered with a third-party institution in mainland China, which sold the cryptocurrency on a licensed platform in Hong Kong, according to an announcement by Shanghai’s Supreme People’s Court on Tuesday.
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