星球日报
星球日报|1月 25, 2026 08:42
[Qian Zhiming Bitcoin Recovery Case Holds Procedural Hearing in the UK, Judge Highlights Issue of 'Agent Proliferation' Among Chinese Victims] Odaily Planet Daily News: This week, the UK High Court in Manchester held a hearing on the civil recovery case involving Qian Zhiming's Bitcoin assets. However, this was a typical procedural hearing, and no rulings were made regarding asset ownership, compensation plans, or substantive legal issues. The core topic of the hearing was determining who would represent the large number of Chinese victims. Presiding Judge Turner repeatedly expressed concerns about the current situation, as an increasing number of law firms are representing different groups of Chinese victims and asserting claims under Section 281 of POCA (Proceeds of Crime Act). The UK High Court is facing the practical risk of 'agent proliferation.' Additionally, Judge Turner explicitly mentioned another judicial proceeding being concurrently advanced by the UK High Court, which involves the bankruptcy liquidation process of Blue Sky Greentech Ltd. It is reported that subsequent hearings are scheduled for February 16-17, during which further arrangements or guidance may be made regarding the impact of the bankruptcy liquidation process on the civil recovery case. (Caixin)
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