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THE ARCH
THE ARCH

Where Web3 founders, talent, and partners meet.

Daily Digest · Free
PLATFORM
  • Partners Directory
  • All Categories
  • Marketplace
  • Find a Partner
  • Docs
  • Escrow
INTELLIGENCE
  • Web3 News
  • Daily Digests
  • Intel Reports
  • Web3 Events
  • RSS Feed
  • Substack ↗
GET INVOLVED
  • Get Listed
  • Get Your Verified Badge
  • Submit an Event
  • Become an Operative
  • Refer a Client
  • Book a Call
COMPANY
  • About
  • How It Works
  • Manifesto
  • Media Kit
  • Privacy
  • Terms
© 2026 THE ARCH · All rights reserved.
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News
Chinese Fraud Victims Challenge UK Redress Plan fo...
Cointelegraph•Thursday, March 12, 2026 at 11:43 AM•1 min read

Chinese Fraud Victims Challenge UK Redress Plan for 61,000 Seized Bitcoin

Share:
The Arch TakeNeutral
BitcoinRegulationHack

A group of Chinese investors who were defrauded in the Zhimin Qian case are reportedly challenging a proposed redress plan in the UK High Court. The investors are seeking to reject the plan, which pertains to 61,000 seized Bitcoin. Their primary concern is that the current proposal could potentially deprive them of the gains accrued from these digital assets. This development highlights ongoing legal complexities surrounding the recovery and distribution of cryptocurrency assets in major fraud cases, particularly when international jurisdictions and significant sums of Bitcoin are involved.

Read full story at Cointelegraph
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News
Chinese Fraud Victims Challenge UK Redress Plan fo...
Cointelegraph•Thursday, March 12, 2026 at 11:43 AM•1 min read

Chinese Fraud Victims Challenge UK Redress Plan for 61,000 Seized Bitcoin

Share:
The Arch TakeNeutral
BitcoinRegulationHack

A group of Chinese investors who were defrauded in the Zhimin Qian case are reportedly challenging a proposed redress plan in the UK High Court. The investors are seeking to reject the plan, which pertains to 61,000 seized Bitcoin. Their primary concern is that the current proposal could potentially deprive them of the gains accrued from these digital assets. This development highlights ongoing legal complexities surrounding the recovery and distribution of cryptocurrency assets in major fraud cases, particularly when international jurisdictions and significant sums of Bitcoin are involved.

Read full story at Cointelegraph
Share:
📱

Never miss a Web3 update

Join our Telegram channel to receive news in real-time, straight to your phone.

Join Channel

Related News

MegaETH sunsets Mega Mafia accelerator program, noting ‘most’ of its successful apps left

The Block•1h ago

Injective files for SEC transfer agent registration to bring securities ownership records onchain

Cointelegraph•2h ago

JPMorgan says bitcoin outlook sees ‘encouraging sign’ as Strategy boosts cash reserves

The Block•2h ago

Ethereum Researcher Francesco D'Amato Departs EF for Ethlabs

Bankless •2h ago
← Back to News Feed