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Chinese Victims Clear Legal Hurdle to Contest UK Ruling Governing Seized $5B Bitcoin Stash

Chinese Victims Clear Legal Hurdle to Contest UK Ruling Governing Seized $5B Bitcoin Stash

Photo: Crypto Economy

A British court has granted approximately 16,000 Chinese victims of an investment scam permission to appeal a ruling that could limit their access to roughly 61,000 seized BTC, worth around $5 billion. The victims lost money in a fraudulent investment scheme operated by Qian Zhimin between 2014 and 2017. Justice Mark Turner had ruled that ... Read more

Source: Crypto Economy

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