PANews January 20 News, according to The Paper, Shenzhen IT professional Li Dong was placed under investigation by the police in Zhangjiajie, Hunan, and Changge, Henan, on charges of “running a casino” due to holding a large amount of Bitcoin. Zhangjiajie police seized 103 BTC from him and liquidated nearly 50 million RMB, while Changge police seized 80 BTC, with a total value of over 80 million RMB. The case was later transferred to charges of “theft” and “infringement of citizens’ personal information.” It was heard in Changge City Court in January, and the court announced a recess, with a retrial scheduled.
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