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UK Court Rules Chinese Law Governs Claims to 61,000 Seized Bitcoin

The UK High Court ruled that Chinese law governs claims to more than 61,000 seized BTC, valued at approximately $5 billion.

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A UK court has decided which country's rulebook applies to one of the largest Bitcoin seizures on record. The answer is China's, not England's.The UK High Court ruled that claims to more than 61,000 BTC, valued at approximately $5 billion, are governed by Chinese law. That makes the path to recover…