Ownership of bitcoin scam billions must be decided in China, court rules

Sorry but it looks as if your browser is out of date. To get the best experience using our site we recommend that you upgrade or switch browsers. The question of whether claimants in the largest crypto civil recovery case ever to come before a UK court can recover bitcoins worth billions of pounds must be decided in China rather than England, a judge has ruled. In Director of Public Prosecutions v Zhimin Qian & Anor, Mr Justice Turner ruled on a claim by Chinese victims of a fraudulent investment scheme to have a proprietary interest in 61,000 bitcoins seized by the authorities.

First reported by The Law Society Gazette. This page is a short excerpt; the full text is theirs.