#ukhighcourtruleschineselawgovernsbitcoinclaims
The UK High Court has ruled that Chinese law, not English law, will decide who owns over 61,000 seized Bitcoins. These coins are worth around $5 billion and were taken by police during a major fraud investigation. Thousands of victims hoped English law would apply so they could share in Bitcoin’s price growth. Under Chinese law, victims may only recover their original money, leaving final ownership details still undecided.
$BTC
$XRP $ARB
The UK High Court has ruled that Chinese law, not English law, will decide who owns over 61,000 seized Bitcoins. These coins are worth around $5 billion and were taken by police during a major fraud investigation. Thousands of victims hoped English law would apply so they could share in Bitcoin’s price growth. Under Chinese law, victims may only recover their original money, leaving final ownership details still undecided.
$BTC
$XRP $ARB