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A cross-regional Bitcoin seizure case has attracted attention. Li Dong was investigated by police in Zhangjiajie and Xuchang for opening a casino. Zhangjiajie police seized 103 Bitcoins, worth over 49.61 million RMB; just four days later, Xuchang police took Li Dong again and seized approximately 80 Bitcoins.
The prosecution's charges point to a technical crime process in 2020—Li Dong exploited a vulnerability in the server of an overseas gambling website to illegally steal website data through technical means, involving a trace of 184 Bitcoins. This is not just a simple gambling crime but also involves technical intrusion, cross-border cybercrime, and other illegal elements.
The case reflects the current use of cryptocurrencies in gray industries—high anonymity, strong cross-border liquidity, but ultimately still subject to law enforcement investigation. Bitcoin, as an asset carrier, is widely used in illegal gambling and fund transfers, and has also become an important piece of evidence for judicial authorities to track crimes. Such cases serve as a reminder to practitioners and investors: no matter how concealed the technology, illegal use of digital assets will ultimately face severe consequences.