Decrypt·BTC
UK Moves Closer to Keeping $5B Bitcoin Haul After High Court Ruling
A judge ruled that Chinese law should govern fraud victims' claims to the 61,000 BTC seized from Zhimin Qian, in a blow to the claimants.
Also covered by 7 outlets
- U.Today ↗UK Court Drops Key Ruling in Massive 61,000-Bitcoin Case
- Cointelegraph ↗Chinese fraud victims lose key court battle over 61,000 Bitcoin
- CoinDesk ↗UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin
- Crypto Briefing ↗UK court ruling strengthens government’s claim to $5B in seized Bitcoin
- Cryptonews ↗Crypto Regulation: UK Lands £3.8Bn Bitcoin Seizure as Korea Blocks KuCoin and MEXC
- BeInCrypto ↗Why the UK May Keep £3.8 Billion Bitcoin Funded by Chinese Fraud Victims
- The Block ↗UK High Court rules Chinese law governs claims over $5 billion in seized bitcoin
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