Qian Zhimin victims cleared to appeal UK ruling on 61,000 seized BTC

A group of about 16,000 Chinese victims that lost money investing in Qian Zhimin’s fraudulent crypto scheme were granted the permission to contest the October ruling that would have allowed the UK to pocket most of the gains on the roughly 61,000 BTC seized from the accused. The UK court decided on October 16 to allow the group to continue to seek to claw back their losses on the seized crypto, which is now worth about $5 billion. The group filed the appeal after an October 12 judgment by Justice Mark Turner that Chinese law should be used to rule on investors’ claims to the seized Bitcoin, not English law. What’s the difference between English and Chinese law on seized crypto?

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