About 8,300 Chinese victims file claims as judge signals need for unified representation
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(London) — A U.K. court is set to hear arguments next week over how to dispose of roughly 60,000 bitcoins seized in connection with a Chinese investment fraud, in one of the largest cryptocurrency recovery cases to enter civil proceedings in Britain.
About 16,000 Chinese victims enter U.K. civil recovery process over seized bitcoin
July hearing to decide applicable law and potential payout structure
Victims of Chinese crypto fraud fight to stop Treasury capturing inflated value of the currency
Police seized 61,000 Bitcoin from Zhimin Qian, 47, as part of a years-long money laundering investigation.
Met Police hails guilty plea in one of largest money laundering cases in history
Mr Howells claimed his ex-girlfriend mistakenly chucked out a hard drive containing 8,000 bitcoins.
