The UK High Court is set to hold a hearing on February 16 and 17, 2026, regarding a high-profile Bitcoin laundering case involving over 130,000 Chinese victims and assets exceeding 300 billion RMB. The case centers on the disposal of 60,000 Bitcoins, with 8,300 Chinese claimants seeking compensation. The proceedings have been complicated by multiple law firms representing different parties, leading to repeated submissions and extended debates, which have increased legal costs for the victims. The value of the 60,000 Bitcoins has significantly decreased from approximately 54 billion RMB in October 2025 to around 31 billion RMB by early February 2026. The hearing aims to address the asset disposal deadlock and streamline the legal process, which has been criticized for inefficiencies by the presiding UK judge.