UK court rules Chinese law governs claims to 61,000 seized Bitcoin
- —Mr Justice Mark Turner issued the ruling on or around October 12, 2026
- —More than 61,000 BTC worth about $5 billion are at stake
- —Roughly 16,000 victims have joined the UK proceedings
- —The 2014–2017 scheme drew 128,409 contracts worth RMB 40.2 billion
Why it matters: The precedent raises the bar for victim recovery and strengthens UK authorities' hold on the appreciated Bitcoin.
Source: Crypto Briefing