UK Court Ruling Boosts Government’s Chances of Keeping $5 Billion in Seized Bitcoin
13 Articles
13 Articles
Promised were yields of 300 percent, in the end a flight to London and almost twelve years imprisonment. What happens to the money of the victims? Source: BTC-ECHO BTC-ECHO
The UK Government Holds 61,245 Seized Bitcoin, and One of Its Own Officers Went to Prison for Stealing 50. An October 12 Ruling Decides Who Keeps the $5 Billion
The post The UK Government Holds 61,245 Seized Bitcoin, and One of Its Own Officers Went to Prison for Stealing 50. An October 12 Ruling Decides Who Keeps the $5 Billion. appeared first on 24/7 Wall St.. The UK government currently holds a massive stash of 61,245 seized Bitcoins (CRYPTO: BTC),…
Bitcoins seized have gone through a strong appreciation in recent years Source: UK Justice makes recovery of 61,000 bitcoins by victims of fraud in China difficult See more news about Bitcoin. Follow Livecoins on Facebook, Twitter, Instagram and YouTube.
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, originated from an enormous Ponzi scheme orchestrated by convicted fraudster Zhimin Qian. The Oct. 12 decision places Chinese law at the center […]
British justice has just strengthened the state's chances of keeping 61000 Bitcoins seized in a Chinese scam case. However, the decision does not yet award it this pactole estimated at 3.8 billion pounds. It only determines the law applicable to the claims of the victims. The article British justice hinders the restitution of 61000 Bitcoins related to fraud has appeared first on Cointribune.
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