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The British Crown Prosecution Service informed the Chinese victims of the 60,000 Bitcoin case of Qian Zhimin that inter-state contacts would only be

The British Crown Prosecution Service informed the Chinese victims of the 60,000 Bitcoin case of Qian Zhimin that inter-state contacts would only be

CointimeCointime2024/10/24 07:07
By:Cointime

Qian Zhimin (alias Zhang Yadi), the main suspect in the 60,000 Bitcoin money laundering case in the UK and the 43 billion yuan illegal fundraising case of Tianjin Blue Sky Ge Rui, pleaded not guilty to all money laundering charges during his trial at the Southwark Crown Court in London. Investors revealed that representatives were also sent to attend the trial and entrusted cross-border asset dispute lawyers to observe the proceedings. The appointed lawyers have filed a civil compensation claim with the High Court of England and Wales on behalf of the creditors.

In response, the UK Crown Prosecution Service issued a notice on October 22 specifically informing Chinese victims that the agency had initiated civil compensation proceedings for assets frozen by Qian Zhimin and others earlier this year. After the proceedings have progressed to the stage specified in Section 281 of the Proceeds of Crime Act 2002, contact between countries will be made. The Crown Prosecution Service filed a civil compensation claim with the High Court earlier this year. If no other individuals or entities claim rights to the criminal assets, half will be owned by the UK police and the other half will be transferred to the UK Home Office for the purpose of processing criminal proceeds and preventing further crimes.

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