The dispute over the ownership of 61000 Bitcoin money laundering cases has escalated, and victims of Chinese fraud have applied to the UK High Court to reject compensation plans According to the Financial Times, victims of Chinese investment fraud are challenging a compensation arrangement involving approximately 61000 bitcoins in a UK court. The victim representative has applied to the High Court of the United Kingdom to reject the compensation plan through the Chinese compensation mechanism, believing that the plan may allow the British authorities to retain a large amount of asset appreciation gains. This batch of Bitcoin was seized by British police in a money laundering investigation in London and is currently worth approximately £ 3.2 billion (approximately $4.3 billion). It is reported that the law firm Candey has raised objections on behalf of about 5700 victims, arguing that the current compensation plan cannot guarantee fair compensation. The fraud case is led by Qian Zhimin and involves over 128000 Chinese investors. The proceeds of the fraud were converted into Bitcoin and transferred overseas between 2014 and 2017. The UK prosecutor stated that some of the claims may result in a small number of victims and litigation sponsors receiving compensation exceeding their actual losses.