Bitcoin Fraud Victims May Lose Gains Under UK Court Ruling

Bitcoin fraud victims may lose gains under UK court ruling

A UK High Court ruling has placed claims over more than 61,000 Bitcoin under Chinese law, putting potential gains for about 16,000 fraud victims at risk, according to Caixin. Caixin reported that an Oct. 12 judgment from the High Court…

U.K. Court Rules Chinese Law Governs Recovery of Over 61,000 Seized Bitcoins

U.K. Court Rules Chinese Law Governs Recovery of Over 61,000 Seized Bitcoins - The decision could determine whether victims of a Chinese fundraising scheme can claim the cryptocurrency’s gains or recover only their investments and interest

UK High Court Ties 61,000 Bitcoin to Chinese Law, Leaving 16,000 Fraud Victims in Limbo

A UK High Court dropped a ruling on October 12 that could gut the recovery hopes of roughly 16,000 people… Read the original on UK High Court Ruling Forces 16,000 Bitcoin Fraud Victims into Chinese Law Maze. For more crypto news and analysis, visit TheCurrencyAnalytics.com.