Fraud Victims Hit Legal Wall in Britain’s $5B Bitcoin Battle
A British High Court ruling has dealt a significant setback to Chinese fraud victims seeking ownership of more than 61,000 bitcoin seized by London police. The cryptocurrency haul, now worth approximately $5 billion, ori...
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A $5 billion Bitcoin fortune is at stake, but UK court says being defrauded isn’t enough to claim it
A London judge rejected Chinese fraud victims' bid to use English law to claim more than 61,000 seized Bitcoin. In an Oct. 12 ruli...
UK High Court rules Chinese law governs claims over $5 billion in seized bitcoin
A UK judge ruled Chinese law applies to victims' claims over 61,000 seized bitcoin, leaving ownership undecided.
UK court ruling strengthens government’s claim to $5B in seized Bitcoin
The ruling could significantly impact international asset recovery, highlighting jurisdictional complexities in cryptocurrency fra...
Crypto Regulation: UK Lands £3.8Bn Bitcoin Seizure as Korea Blocks KuCoin and MEXC
In recent crypto regulation news, The High Court in London has strengthened the UK authorities’ position in a dispute over roughly...
South Korea clears way for courts to seize and sell Bitcoin for unpaid debts under new November rules
South Korea has established procedures for courts to seize and sell debtors' cryptocurrency to satisfy civil claims. On Oct. 12, t...
IMF finds over half of tokenized US stock trading happens after Wall Street closes
More than half of sampled tokenized US stock trading occurs outside Wall Street's regular hours, the International Monetary Fund (...