🚨🐋 61,000 BTC. $5 BILLION. WHO GETS THE BITCOIN?
A massive legal battle is unfolding in the UK over Bitcoin seized in a Chinese investment fraud case.
₿ Seized → 61,000+ BTC
💰 Value → ~$5 BILLION
👥 Victims involved in UK proceedings → ~16,000
⚖️ UK High Court → Chinese law applies
The ruling makes it harder for victims to establish ownership rights.
But the court has NOT decided who ultimately owns the $BTC
👻 Ghost's Take
$5 BILLION IN BITCOIN. WHO GETS THE KEYS?
Will victims claim the BTC's massive appreciation, or could the UK government retain much of it? 👀
#Bitcoin #Crypto
A massive legal battle is unfolding in the UK over Bitcoin seized in a Chinese investment fraud case.
₿ Seized → 61,000+ BTC
💰 Value → ~$5 BILLION
👥 Victims involved in UK proceedings → ~16,000
⚖️ UK High Court → Chinese law applies
The ruling makes it harder for victims to establish ownership rights.
But the court has NOT decided who ultimately owns the $BTC
👻 Ghost's Take
$5 BILLION IN BITCOIN. WHO GETS THE KEYS?
Will victims claim the BTC's massive appreciation, or could the UK government retain much of it? 👀
#Bitcoin #Crypto