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Point of View: Chinese Victims of the Qian Zhimin Case Hope for a Soaring BTC Price to Receive a "Satisfactory" High Compensation, which is Not Realistic

2026-01-25 09:43

BlockBeats News, January 25th, according to Caixin report, in the case of 60,000 BTC money laundering by Qian Zhimin, the British prosecution still insists that: the proposal submitted to the court on October 15, 2025, to "reserve a certain amount of assets in the civil asset recovery process for overall compensation arrangement for a large number of Chinese victims," is the most effective practical solution.


This means that once the asset (funds) amount is reserved, in the future, it can be transferred to China by the law enforcement authorities of China and the UK to implement a specific victim compensation plan, compensating after verifying the identity of the victim and the losses. Under this approach, Chinese victims hoping to receive a relatively "satisfactory" high compensation through the multi-year price increase of Bitcoin is not realistic. The compensation boundary implied by this proposal mostly points to the actual losses already registered and confirmed by the Chinese police.

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