U.S. Actions in Cryptocurrency Seizures Criticized by 360 Group Founder

360 Group founder Zhou Hongyi expressed concerns in an interview with the Global Times about the United States' approach to handling seized virtual currency assets. According to Odaily, Zhou criticized the U.S. for converting these assets into strategic financial reserves under the guise of 'protecting victims' rights.' He argued that this unilateral action disrupts other countries' law enforcement efforts, causes additional losses to victims, and interferes with the global flow of virtual currency assets. Zhou further claimed that such actions undermine financial stability in emerging markets and ultimately aim to reinforce the dominance of the U.S. dollar in the digital finance sector.