UK chances of keeping £3.8bn bitcoin haul rise after High Court ruling

Judge in London rules Chinese victims of massive crypto fraud cannot rely on English law to seek compensation

UK chances of keeping £3.8bn bitcoin haul rise after High Court ruling

TL;DR

  • Chinese victims of a large cryptocurrency fraud cannot use English law to seek compensation.
  • A judge in London made the ruling.
  • The decision may benefit the UK in retaining assets related to the fraud.