Victims of the Qian Zhimin scam granted permission to appeal over 61,000 BTC

AI-assisted source synthesis · not an independent investigation.

On October 21, 2026, Cryptopolitan reported that a British court allowed approximately 16,000 victims of the Qian Zhimin crypto scam to continue challenging a ruling involving approximately 61,000 bitcoins. The assets are currently worth approximately $5 billion, according to the report. The core dispute in the case is whether British law or Chinese law should apply: if British law applies, the victims may claim the recovery of the bitcoins themselves and their appreciation in value; if Chinese law applies, the treatment would be closer to recovering the victims’ original losses plus interest. The court’s permission to appeal means that the disputes over the applicable law and asset rights will continue to be heard.

AI-written from reports · updated 2 hours ago

Not enough consecutive observations yet to draw a trend.