The U.S. Justice Department unveiled the largest asset confiscation in the nation’s history last October, seizing $15 billion worth of Bitcoin. Authorities linked the funds to Cambodia’s Prince Group, which prosecutors claim ran a far-reaching network involving large-scale online fraud and human trafficking.
How the authorities eventually choose to use these seized funds will be analyzed by entities like Canaan Inc. (NASDAQ: CAN) as a test of how willing the authorities are to address consumer needs with…
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