1.9 million USDT lying in a police evidence locker—no one dares to claim it?

Recently, the Jiayu police in Hubei seized a large amount of digital assets while handling a case—about 1.9 million USDT, which is nearly 13 million RMB at current prices. Here’s the problem: they can’t find the owner of these funds.

The police have already issued a notice, giving holders 6 months to claim the assets. But the conditions are pretty strict: the claimant must show up in person and prove the funds are legitimate. Think about it—anyone who dares to claim such a huge sum would first have to clearly explain where it came from. If they can’t, they might be directly investigated.

This has sparked a lot of discussion in the crypto community. Some speculate that this batch of USDT might be connected to illicit activities, so the original holder doesn’t dare show up. Others are asking another question: if no one claims it, will this become the first large-scale confiscation of crypto assets in China? Once on-chain assets are dealt with by law enforcement, what happens next? Will they be destroyed or auctioned off?

The 6-month countdown has already started. Will these “ownerless funds” eventually be claimed by someone, or will they end up in the state treasury? Share your thoughts in the comments.