Chinese victims in the Qian Zhimin case may only be able to recover their principal and interest.

According to Caixin, a UK court has issued a key ruling in the cross-border asset recovery dispute involving over 61,000 Bitcoin linked to China’s Tianjin Lantian Gerui illegal fundraising case. A judgment obtained by Caixin from the UK High Court on October 12 (local time) shows that the High Court ruled property rights claims filed by Chinese investors over the Bitcoin in question should be adjudicated under Chinese law, not UK law. This means around 16,000 Chinese victims who have joined the

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