The Qian Zhimin case will have a legal hearing in July. Chinese victims need to provide additional financial details by June 18.

GateUser-6433627c · 2026-02-25T02:23:49+00:00

The case of 60,000 Bitcoin money laundering will hold a hearing in July to establish legal applicability. Chinese victims need to supplement financial details by June 2026, and the legal applicability will affect the rights to recover the principal and the gains.

GateUser-6433627c

2026-02-25 02:23:49

Abstract generation in progress

On February 25, according to Caixin, a money laundering case involving 60,000 Bitcoins will hold a hearing in July on the issue of “legal applicability.” Chinese victims seeking recovery through UK procedures must, after completing initial registration, supplement their submissions with financial details such as total investment amount, losses, compensation received, and relevant evidence by June 18, 2026. This hearing is seen as a critical point in the disposal of Bitcoin assets: if Chinese law applies, victims and Lantian Ge Rui are in a creditor-debtor relationship, or can only recover the principal; if UK law applies, victims may be recognized as having proprietary rights in the Bitcoin, allowing for the recovery of the appreciated value as well.

BTC3,28%

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