Crypto
UK High Court applies Chinese law to ownership of seized 61,000 bitcoins
A British court has decided to apply Chinese law to a dispute over ownership of about 61,000 bitcoins seized in connection with a large investment fraud in China. The ruling means victims seeking the assets must prove property rights under Chinese law, complicating the return process. The decision was made in civil asset recovery proceedings separate from the criminal case, with about 16,000 Chinese victims involved.
