July hearing to decide applicable law and potential payout structure
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More than 11,300 Chinese victims are seeking to recover a share of more than 60,000 bitcoins — currently worth about $4 billion — seized by British authorities, as a U.K. court weighs the fate of the assets in one of the country’s largest money laundering cases involving Bitcoin.
About 16,000 Chinese victims enter U.K. civil recovery process over seized bitcoin
About 8,300 Chinese victims file claims as judge signals need for unified representation
Police seized 61,000 Bitcoin from Zhimin Qian, 47, as part of a years-long money laundering investigation.
Victims of Chinese crypto fraud fight to stop Treasury capturing inflated value of the currency
Met Police hails guilty plea in one of largest money laundering cases in history
Luxury London properties frozen as Foreign Office and US officials impose sanctions on gang behind centres in south-east Asia
