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UK Court Ruling Boosts Government's Chances of Keeping $5 Billion in Seized Bitcoin

A UK court decision supports the government's retention of 61,000 BTC seized during an investigation into fraudster Zhimin Qian.

3 publishers · 3 articles · first seen 13 Oct 2026 · updated 2h ago

First reported by CoinDesk, 1h 26m ahead of the next publisher · who breaks stories first

The story so far

3 publishers have covered this in 3 articles since 13 Oct 2026. CoinDesk published first, on 13 October at 09:25 UTC; decrypt.co followed 1h 27m later. The most recent article, from The Block, appeared on 13 October at 11:38 UTC.

Outlets reporting it: CoinDesk (major outlet), decrypt.co, The Block.

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Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin CoinDesk ·
  2. UK High Court rules Chinese law governs claims over $5 billion in seized bitcoin The Block
  3. UK Moves Closer to Keeping $5B Bitcoin Haul After High Court Ruling decrypt.co

In this story

  • Metropolitan Police
  • Zhimin Qian
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