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Court Rulings on Bitcoin Seizures Stir Controversy in China and the UK

Court Rulings on Bitcoin Seizures Stir Controversy in China and the UK

Chinese fraud victims lose key court battle over 61,000 Bitcoin
Chinese fraud victims lose key court battle over 61,000 Bitcoin

Chinese fraud victims seeking to recover 61,000 seized Bitcoin face a legal setback after a UK court ruled that Chinese law governs their claims.

Chinese Court Rejects Case, Victims Can’t Recover 61,000 Bitcoin
Chinese Court Rejects Case, Victims Can’t Recover 61,000 Bitcoin

Chinese victims of an alleged investment fraud have suffered a setback in their attempt to recover 61,000 Bitcoin seized by the UK government. In a ruling handed down by London’s High Court, a...

UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin
UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin

The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.

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