Chinese law governs Bitcoin fraud claims

Jan 22, London High Court ruled Chinese law applies to 61,000 BTC seized from fraudster Zhimin Qian, valued at $5B. Claims validity to be assessed under Chinese law.

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🚨 The UK may seize 61,000 Bitcoin worth $5 billion! 🇬🇧₿ ⚖️ The UK Supreme Court has ruled that claims by victims of the Chinese fraud scheme linked to “Chi Ming Qian” are subject to Chinese law.

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🚨 JUST IN: 🇬🇧 UK Could Retain $5 Billion in Seized Bitcoin! A court ruling has reportedly blocked Chinese fraud victims from claiming the seized Bitcoin, potentially allowing UK authorities to keep control of the massive BTC stash. ₿ 👀 Could this become one of the biggest Bitcoin-related legal battles? #Bitcoin #BTC #CryptoNews #UK #CryptoRegulation #CryptoMarket

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A €300,000 (approximately ¥54 million) damages order against left-wing activist and European Parliament member Ilaria Salis has been invalidated on appeal. The issue of wrongful dismissal, brought forward by two former staff members, will now be retried at the first-instance level. The court this time recognized issues concerning procedural notification and the right to defense—not an endorsement of the dismissal as justified. However, given that this involves litigation related to a politician, it is necessary to examine the proceedings to assess how procedural fairness is upheld—and to reflect on trust in Europe’s judicial system. ✅ For details, click “ALT” in the bottom left of the image.

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I want to remind people. The UK back in 1999 decided to sell HALF of its entire gold stash. Gordon Brown. He did this for short term gains. The UK acquired ALL of its Bitcoin by stealing it (confiscating it, some would say). The UK government is in freefall. It will possibly sell its £4 billion in Bitcoin (today's market price) and once again fail the people of the UK, as will be seen more clearly in 10 or 20 years time. I hope they do not. If you view this post in the year 2046 and then 2086, have a chuckle at how correct I was. Today's Bitcoin price at this moment is £63,028.13 per Bitcoin. I would imagine that in the year 2046, it will be somewhat higher.

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Victims of fraud hit a legal wall in the £5 billion British Bitcoin battle. UK courts have rejected claims by thousands of victims seeking to recover their funds, exposing a serious legislative gap in the regulation of digital assets. The absence of a clear legal framework complicates the path to justice and undermines investor confidence.

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a uk high court ruled on october 12 that chinese law governs victims' claims over more than 61,000 btc, about $5.08b, seized in zhimin qian's chinese ponzi case. victims wanted english trust rules to claim the btc directly. uk policy sends recovered proceeds to agencies and central government, so if the state keeps the coins, policy points to selling them. ownership is not decided yet, victims reportedly appeal, and no sale schedule exists.

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🇬🇧 Who should get 61,000 seized BTC? The UK government or the victims of the alleged fraud? A legal battle over billions is unfolding.

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JUST IN: 🇬🇧🇨🇳 UK court blocks Chinese fraud victims from reclaiming $5 billion in seized Bitcoin, "likely" allowing UK government to keep it.

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Imagine losing your money to fraud… then watching billions in seized Bitcoin slip further out of reach. 👀 🇬🇧 A UK court ruling has dealt Chinese fraud victims a setback in their fight to reclaim the seized BTC. Could the UK end up keeping it? This case is far from over.

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$MRNA USDT 🔻 | $212.64 | -3.65%


I'm keeping MRNA on watch after this sharper pullback. Sellers are applying pressure, so I'm not treating the dip as an automatic buying opportunity.


📍 Entry Zone: $210.00–$213.00

🎯 TP1: $217.00

🎯 TP2: $222.00

🎯 TP3: $228.00

🛑 Stop Loss: $206.00


I want to see support hold and momentum turn upward before considering a long. A reclaim of nearby resistance could open a recovery move, but another breakdown would put this setup at risk.


Patience matters here. Wait for confirmation and keep the downside controlled.

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