Caixin: Chinese Victims in 60,000 Bitcoin Money Laundering Case Must Supplement Financial Details by June 18

Odaily News According to Caixin, a hearing on the "applicable law issue" for the 60,000 Bitcoin money laundering case is scheduled for July. Chinese victims who intend to pursue the UK recovery process and have completed preliminary registration are required to supplement and provide detailed financial details by June 18, 2026. This information includes total investment amount, loss amount, as well as any compensation already received and supporting evidence. It is reported that this hearing will be crucial for the disposition of the 60,000 Bitcoin assets. If Chinese law is applied, the relationship between the victims and Lantian Gerui is one of creditor and debtor, and victims can at most recover their principal. If UK law is applied, the victims have a proprietary interest in the Bitcoin, and it is possible to also recover the appreciated portion of the loss amount. (Caixin)