The new ruling in the Qian Zhimin case has determined which law applies, but not the ultimate ownership of the $BTC involved. On October 12, the UK High Court ruled that the applicants’ claimed property rights should be assessed under Chinese law, while UK confiscation proceedings would continue to apply. The image breaks this into two steps: the content, effect and proof of Chinese law will be considered at a later hearing.

#UKHighCourtRulesChineseLawAppliesInQianZhiminCase