Odaily reports that according to CryptoQuant founder Ki Young Ju, China may have sold the 194,000 Bitcoins seized from the PlusToken scam in 2019. These Bitcoins were previously announced by the Chinese government to have been "transferred to the national treasury", but it was unclear whether they had been sold. Ki Young Ju pointed out that these Bitcoins were sent to multiple exchanges including after being mixed in 2019. If they had not been sold, the use of a mixer and multiple exchanges would be meaningless. He also stated that the possibility of an authoritarian regime holding censorship-resistant assets is relatively low.