Odaily Planet Daily reports that a money laundering case involving 60,000 Bitcoin will have a “Legal Applicability Issue” hearing in July (regarding whether Chinese law or UK law should apply). The UK High Court has appointed the law firm Fieldfisher, which was involved earlier in the case, to lead the hearing. However, the lead law firm’s proposal has sparked controversy. Some firms are concerned that Fieldfisher might gain an informational advantage, such as access to the list of victims with large investments, and even attempt to “poach clients” by using improper means to “induce” victims to switch law firms. The judge believes that this arrangement does not designate Fieldfisher to handle all victim asset recovery claims, but rather to represent all victims in the “Legal Applicability Issue” and negotiate with the court. Other law firms will continue to handle their clients’ claims independently. Appointing a lead law firm is intended to improve litigation efficiency. (Caixin)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BlackRock ETF address transferred 1701 BTC to a certain CEX, worth approximately $125 million
Gate News reports that on March 16, according to Onchain Lens monitoring, a BlackRock ETF address transferred 1701 BTC to a certain CEX, valued at approximately $125 million.
GateNews23m ago
BlackRock ETF address deposits 1701 BTC to a certain CEX, worth approximately $125 million
Gate News reports that on March 16, according to Onchain Lens monitoring, BlackRock ETF addresses deposited 1701 BTC to a certain CEX, valued at approximately $125 million.
GateNews23m ago
Crypto Market Cap Surges Past $2.5T As Bitcoin and Ethereum Rally
The crypto market is recovering, with a market cap of $2.52T and a 3.23% increase. Bitcoin and Ethereum rose by 3.20% and 7.28%, respectively. Other gains include D ($D) at 728.37%. DeFi TVL and NFT sales also increased, while the Australian Senate supports a crypto regulatory framework.
BlockChainReporter30m ago
Digital asset investment products saw net inflows of $1.06 billion last week, recording capital inflows for three consecutive weeks.
According to CoinShares' latest weekly report, digital asset investment products recorded net inflows of $1.06 billion on March 16, marking three consecutive weeks of increases. Of this, the United States accounted for 96% of inflows, with Bitcoin attracting 75% of the capital. Hong Kong recorded its largest inflows since August 2025, while Germany saw net outflows for the first time.
GateNews56m ago
