UK Court Ruling Boosts Government Position in $5B Bitcoin Fight

TL;DR A UK High Court ruled that Chinese law governs victims’ proprietary claims to more than 61,000 BTC seized in the Zhimin Qian case. The ruling strengthens the government’s position but does not award the £3.8 billion, or $5 billion, Bitcoin cache to the state. Victims must now establish ownership rights under Chinese law before ... Read more

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