Case of 60,000 Bitcoins Laundering: Legal Application Issue Hearing Held in July; Chinese Victims Must Submit Financial Details by June 18

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ChainCatcher News: The case involving 60,000 Bitcoins laundering will have a "Legal Application Issue" hearing in July. Chinese victims planning to pursue recovery through the UK process need to provide detailed financial information, including total investment, losses, and any compensation received and evidence, by June 18, 2026, after completing initial registration.

It is reported that this hearing will be crucial for the disposal of the 60,000 Bitcoin assets. Under Chinese law, victims have a creditor-debtor relationship with Lantian Grey, and can only recover the principal amount; under UK law, victims hold proprietary rights to the Bitcoin, and the appreciation of the loss amount may also be recoverable.

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