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UK Could Sell $5 Billion in Seized Bitcoin After Court Ruling
The post UK Could Sell $5 Billion in Seized Bitcoin After Court Ruling appeared first on Coinpedia Fintech News A London High Court has ruled that Chinese law applies to claims by victims seeking the 61,000 Bitcoin…
· 1 min read · 150 words · via Coinpedia
Wire briefing
The post UK Could Sell $5 Billion in Seized Bitcoin After Court Ruling appeared first on Coinpedia Fintech News A London High Court has ruled that Chinese law applies to claims by victims seeking the 61,000 Bitcoin seized from fraudster Zhimin Qian. The Bitcoin, mostly acquired between 2014 and 2017, is now worth about $5 billion. The ruling could limit victims’ claims to the original value of their losses, leaving more of the price …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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