UK Court Ruling Threatens Chinese Fraud Victims’ Claim to Bitcoin Price Gains

A London court decision strengthens the British government's position over roughly 61,000 seized Bitcoin worth close to $5 billion. A UK court has issued a ruling that complicates efforts by Chinese fraud victims to claim the full market value of roughly 61,000 Bitcoin seized by British authorities. The decision, reported by Cointelegraph and CoinDesk, strengthens the government’s legal position in a long-running dispute over who is entitled to the holdings. The Bitcoin at the center of the case is now valued at close to $5 billion.

Source: TheCoinrise