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UK High Court advances asset disposal in 60,000-Bitcoin case; approximately 16,000 Chinese victims register to join recovery efforts

Source: finance.caixin.com
According to Caixin, the UK High Court held a procedural hearing on June 5 regarding the disposition of assets related to the Qian Zhimin case. Around 16,000 Chinese victims have registered through several UK law firms to participate in the civil recovery proceedings under the UK’s Proceeds of Crime Act, concerning approximately 60,000 bitcoins and other seized assets.

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