According to Caixin's report, the illegal fundraising case involving Bluetree Group has reached a critical milestone, as 16,000 Chinese victims are pursuing the recovery of approximately 60,000 BTC across borders. The UK High Court held a three-day hearing from July 7 to July 9 on the 'applicable law issue' in the case. If the court rules that Chinese law applies, victims may only recover their principal and corresponding interest; however, if UK law is deemed applicable, victims could potentially include the appreciation in Bitcoin's price as part of the recovery. Currently, the final allocation of the case's assets still depends on the UK court's decision regarding the applicable law. https://(wublock123.com)/news/bluetree-case-16000-chinese-victims-seek-60000-btc-recovery-64405