The UK High Court conducted a procedural hearing in Manchester concerning the civil recovery case of Qian Zhimin's Bitcoin assets. The hearing, which took place this week, did not address asset ownership or compensation plans but focused on representation issues for the numerous Chinese victims involved. Judge Turner expressed concerns over the increasing number of law firms representing different victim groups, warning of potential "representation overload."
Further hearings are scheduled for February 16-17, where the court may provide additional guidance on how bankruptcy liquidation proceedings will affect the civil recovery case. The case continues to draw attention due to its complexity and the significant number of parties involved.
UK High Court Holds Procedural Hearing in Qian Zhimin Bitcoin Case
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
