Cryptopolitan· Hannah Collymore·· 4 hours agoAI score56
UK court allows victims of the Qian Zhimin scam to appeal ruling over 61,000 BTC
Qian Zhimin victims cleared to appeal UK ruling on 61,000 seized BTC
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AI-assisted source summary · not independently verified. Content standards
A UK court has allowed approximately 16,000 victims of the Qian Zhimin crypto scam to continue challenging a ruling involving approximately 61,000 BTC, with the assets currently worth approximately $5 billion. The dispute concerns whether UK law or Chinese law should apply: UK law may allow victims to claim the bitcoin itself and its appreciation gains, while Chinese law is closer to recovering the original principal and interest.
Source:Cryptopolitan · cryptopolitan.com