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UK Court Drops Key Ruling in Massive 61,000-Bitcoin Case

UK Court Drops Key Ruling in Massive 61,000-Bitcoin Case
Photo: U.Today

BTC when published $82,763Now $80,595 ▼ −2.62% since it was published

The U.K. High Court has ruled in a multi-billion-dollar Bitcoin clawback legal battle regarding the 61,000 BTC seized during one of the largest crypto money laundering cases in history. The recent October 12 ruling could prove to have massive financial ramifications for around 16,000 Chinese fraud victims looking to claw back their money. Instead of being able to recoup some of Bitcoin's mind-blowing price gains, investors may only be able to collect their initial investment plus interest. As per the official ruling, Mr.

First reported by U.Today. This page is a short excerpt; the full text is theirs.

Read the full story at U.Today (opens in a new tab)

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