U.K. Holds $7.35B in Seized Bitcoin, Sparking Market Debate

The United Kingdom now boasts a significant Bitcoin holding of over $7.35 billion, which stems from a Chinese fraud case. This substantial stash has ignited legal battles, fueled ETF inflows, and captured investor attention as its movement is closely scrutinized. 2026 court hearings are looming for the case involving Zhimin Qian, who pleaded guilty to laundering billions in Bitcoin. The seized funds remain largely untouched, with only a recent shift to $7.35 billion after significant Bitcoin appreciation since July 2021.