On October 12, the UK High Court ruled that the property claims over more than 61,000 $BTC coins involved in the Qian Zhimin case should be judged under Chinese law, not English law.
What I am watching is the recovery framework, not the market structure. The roughly 16,000 Chinese victims who have already entered the UK proceedings may not receive the appreciation from the sharp rise in coin prices; at most, they may get back their principal plus interest. Whether these coins will enter the market—there was no timeline in the judgment for any transfer—I will not directly treat the legal characterization as sell-side pressure.
$BTC is currently priced at 82,537.86, down 1.54% over 24 hours, and the move is still within normal volatility. What can truly change the structure is whether the recovered assets are actually transferred out, not the wording of this ruling.
#跨境追索 #加密监管
What I am watching is the recovery framework, not the market structure. The roughly 16,000 Chinese victims who have already entered the UK proceedings may not receive the appreciation from the sharp rise in coin prices; at most, they may get back their principal plus interest. Whether these coins will enter the market—there was no timeline in the judgment for any transfer—I will not directly treat the legal characterization as sell-side pressure.
$BTC is currently priced at 82,537.86, down 1.54% over 24 hours, and the move is still within normal volatility. What can truly change the structure is whether the recovered assets are actually transferred out, not the wording of this ruling.
#跨境追索 #加密监管