According to Free Malaysia Today, the Kuala Lumpur High Court has ruled that the Malaysian government must fully return 497.82 Bitcoin (valued at approximately $17.6 million as of 2023) to 9 victimized investors. The case revealed that two main perpetrators had falsely promised “1% daily returns,” luring victims to deposit a total of 362.04 Bitcoin into the platform Bitkingdom between 2015 and 2016, which were later layered and laundered into personal wallets. The judge determined that the victims did not lend money to the defendants nor assert ordinary creditor claims, but rather had their assets illegally misappropriated through fraudulent means. The victims successfully proved their legitimate ownership and legal rights to the seized assets. The court ultimately ruled that the entire 497.82 Bitcoin should be proportionally returned to the 9 claimants based on their initial deposit ratios. https://www.(wublock123.com)/news/malaysia-court-orders-government-return-497-82-bitcoin-to-9-investors-70520