UK High Court Says Chinese Law Governs Claims to 61,000 Seized Bitcoin

CRYPTO TODAY

The High Court ruled on October 12 in Director of Public Prosecutions v Qian & Ors that Chinese law governs substantive…

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CRYPTO TODAY

property-rights claims over more than 61,000 bitcoin seized in the UK, as set out in the court judgment .

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CRYPTO TODAY

The preliminary decision moves the dispute to an assessment of Chinese law; ultimate ownership and distribution of the cryptocurrency remain undecided.

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CRYPTO TODAY

The bitcoin is at the centre of a long-running case connected to Zhimin Qian.

Photo: amhnasim / Pixabay