Case of 60,000 Bitcoins Laundering: Legal Application Issue Hearing Held in July; Chinese Victims Must Submit Financial Details by June 18

BTC-1,07%

ChainCatcher News: The case involving 60,000 Bitcoins laundering will have a “Legal Application Issue” hearing in July. Chinese victims planning to pursue recovery through the UK process need to provide detailed financial information, including total investment, losses, and any compensation received and evidence, by June 18, 2026, after completing initial registration.

It is reported that this hearing will be crucial for the disposal of the 60,000 Bitcoin assets. Under Chinese law, victims have a creditor-debtor relationship with Lantian Grey, and can only recover the principal amount; under UK law, victims hold proprietary rights to the Bitcoin, and the appreciation of the loss amount may also be recoverable.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

MSTR declines for 8 consecutive months without fear! Michael Saylor announces additional Bitcoin purchases and a 11.5% annualized dividend increase

Michael Saylor recently released a Bitcoin Tracker, indicating plans to increase Bitcoin holdings again. Despite the company's stock price continuing to decline, Saylor still views the current market as an opportunity and has raised the preferred stock dividend to 11.5% to stabilize investor confidence. The market is concerned about its long-term financial health.

動區BlockTempo10m ago

SpaceX Bitcoin Holdings Drop to $545 Million Amid Broader Market Correction Ahead of Confidential IPO Filing

SpaceX, the aerospace company led by Elon Musk, is preparing to confidentially file for an initial public offering with the U.S. Securities and Exchange Commission as soon as March 2026, targeting a valuation above $1.75 trillion and aiming to raise up to $50 billion.

CryptopulseElite17m ago

Samson Mow Claims Bitcoin Undervalued Against Gold by up to 66%, Citing Historical Z-Score Patterns

Samson Mow, CEO of Bitcoin technology firm Jan3, stated on March 1, 2026, that Bitcoin is currently undervalued relative to gold by approximately 24% to 66%, suggesting a potential price reversal.

CryptopulseElite30m ago

BTC Breaks Through 67,000 USDT

Gate News bot message, Gate market display, BTC breaks through 67,000 USDT, current price 67,006 USDT.

CryptoRadar33m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)