Crypto攻城狮|10月 21, 2026 08:55
Qian Zhimin's 'housekeeper' has handed over approximately £5.6 million to the UK government, but the ownership of around 61,000 BTC, fought for by nearly 130,000 victims, is still undecided. These two assets are separate matters, but looking at them within the same case really makes you feel for the victims.
Qian Zhimin is the main culprit in the illegal public deposit case involving Blue Sky Greentech. The UK police seized the Bitcoin involved in the case, and the victims' legal representatives are opposing the UK Treasury keeping the profits from the appreciation of these coins. Meanwhile, Qian Zhimin's Malaysian 'housekeeper,' Hok Seng Ling, was sentenced to 4 years and 11 months for money laundering and has now fully paid approximately £5.6 million, including interest; most of this amount comes from the crypto assets confiscated when he was arrested.
For the victims, another hurdle emerged last week: the judge ruled that the claims would be governed by Chinese law, not UK law. To fight for ownership of these Bitcoins, they must first prove under Chinese law that they have rightful ownership of the coins.
The most frustrating part for them is that there's a legal barrier between the money they invested and the coins seized by the police. The profits from the rising coin prices are right there, but the victims have to first prove they have the right to fight for them.
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