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Qian Zhimin Case Legal Hearing Scheduled for July, Chinese Victims to Provide Additional Financial Details by June 18th

2026-02-25 02:23

BlockBeats News, February 25th, according to Caixin, a money laundering case involving 60,000 bitcoins will hold a hearing in July regarding "legal application issues." Chinese victims seeking restitution through the British process are required to supplement information including investment amount, loss amount, compensation received, and related financial details by June 18, 2026, after completing the initial registration.


This hearing is seen as a key milestone in Bitcoin asset disposal: if Chinese law is applied, the relationship between the victim and Blue Sky Grid is considered a creditor-debtor relationship, and only the principal may be recoverable; if English law is applied, the victim may be recognized to have a proprietary interest in Bitcoin, allowing them to potentially claim the appreciation as well.

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