UK Court Rules Chinese Law Governs Victims’ Claims to 61,000 Bitcoin
regulatory
A UK court ruled that Chinese law, rather than English law, governs claims by victims seeking recovery of roughly 61,000 Bitcoin linked to an alleged Chinese investment fraud. The decision addresses which legal system determines victims’ rights to the assets; it does not itself award or transfer the Bitcoin. The ruling could shape the next stage of litigation and the allocation of one of the largest pools of Bitcoin tied to a fraud case.
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