Yancheng, Jiangsu once seized 320000 bitcoins, which are currently worth over 200 billion. On November 28, 2020, 21st Century Business Herald reported on this case, calling it the "largest case in the cryptocurrency industry". According to Phoenix Technology's calculations, as of the time of writing, one Bitcoin is worth approximately 640000 RMB, with a total value exceeding 2048 billion RMB. In 2023, Yancheng City will achieve a regional gross domestic product of 740.39 billion yuan. According to the second instance ruling of the Intermediate People's Court of Yancheng City, Jiangsu Province, the case involves 8 virtual tokens including Bitcoin, Bitcoin Cash, Dash, Dogecoin, Litecoin, Ethereum, Yuzu Coin, and Ripple, with a total value of 14.8 billion yuan. @ftihvb 0 reply
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