The article discusses the speculation surrounding China's holdings of confiscated Bitcoins. Last week, Bitcoin.com News reported that China might be holding over 190,000 Bitcoins, but this claim was deemed to be pure speculation. Sani from timechainindex.com refuted this claim, stating that there is no proof that China still holds any of their confiscated Bitcoin. A chart shared on social media showed China as the second-largest holder of Bitcoins, but the data was outdated, and it is believed that China disposed of their confiscated Bitcoins on the open market in 2019. The article emphasizes the importance of demanding proof and verification in the crypto space, as unverified claims can easily proliferate. The US government and the UK are confirmed to hold seized Bitcoins, while Germany, Ukraine, and Bhutan have disposed of their holdings or made on-chain evidence of their holdings.



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