UK High Court rules Chinese law applies to $1.7 billion Bitcoin seizure in crypto fraud case

🚨 UK High Court rules Chinese law will decide ownership of $1.7 billion in seized $BTC.🧑‍⚖️ 16,000 fraud victims may recoup only their initial investments, not Bitcoin's gains.📚 The Bitcoin stash links to a Ponzi scheme run by Qian Zhimin from 2014 to 2017.

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