The UK’s High Court has ruled that Chinese law governs victims’ claims to 61,000 BTC seized in a British fraud case, a stash worth about $5 billion. The ruling, by Justice Mark Turner, sided
The UK’s High Court has ruled that Chinese law governs victims’ claims to 61,000 BTC seized in a British fraud case, a stash worth about $5 billion.
The ruling, by Justice Mark Turner, sided with the Director of Public Prosecutions. It found that the fraud, the payments and the contracts behind it all took place in China. “The relevant damage occurred in China. The Applicants parted with their money in China,” he wrote.
