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UK Moves Closer to Keeping $5B Bitcoin Haul After High Court Ruling

Decrypt·October 13, 2026·1 min read
UK Moves Closer to Keeping $5B Bitcoin Haul After High Court Ruling

A UK High Court judge ruled that Chinese law should govern fraud victims' claims to 61,000 BTC seized from Zhimin Qian, moving the UK closer to keeping the $5 billion Bitcoin haul. The ruling is a blow to claimants seeking the assets, which were confiscated in a criminal case.

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