[Caixin: Qian Zhimin Case Cross-Border Claims Exceed 10,000 People, 60,000 Bitcoins Recovery Registration in the UK Ends on May 22] According to a report by Jinse Finance, citing Caixin, on February 16 and 17, the UK High Court held a two-day hearing on the asset disposal of a 60,000 Bitcoin money laundering case. Based on information disclosed during the hearing, over 11,300 Chinese victims plan to submit claims to the UK High Court. However, this only accounts for 8.8% of the 128,409 victims. Cross-border claims exceed 10,000 people, and the registration for the recovery of 60,000 Bitcoins in the UK ends on May 22. Previous reports indicated that the funds behind this largest Bitcoin money laundering case in the UK originated from the illegal public deposit collection case of Tianjin Lantian Gerui Electronic Technology Co., Ltd. in China. The main perpetrator, Qian Zhimin, fled to the UK with the Bitcoins and triggered anti-money laundering scrutiny after purchasing a luxury property. Qian Zhimin was sentenced to 11 years and 8 months in the UK, and over 60,000 Bitcoins were frozen by the UK authorities. According to Section 281 of the UK Proceeds of Crime Act (POCA), if someone claims that assets frozen or intended to be confiscated by the government originally belonged to them, they can submit a recovery application to the UK High Court. Starting October 22, 2024, the UK allows victims of the Lantian Gerui case to actively pursue recovery by registering evidence with the UK High Court to prove their status as victims of the Lantian Gerui case and their connection to the involved assets.