- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Point of View: Chinese Victims of the Qian Zhimin Case Hope for a Soaring BTC Price to Receive a "Satisfactory" High Compensation, which is Not Realistic
BlockBeats News, January 25th, according to Caixin report, in the case of 60,000 BTC money laundering by Qian Zhimin, the British prosecution still insists that: the proposal submitted to the court on October 15, 2025, to "reserve a certain amount of assets in the civil asset recovery process for overall compensation arrangement for a large number of Chinese victims," is the most effective practical solution.
This means that once the asset (funds) amount is reserved, in the future, it can be transferred to China by the law enforcement authorities of China and the UK to implement a specific victim compensation plan, compensating after verifying the identity of the victim and the losses. Under this approach, Chinese victims hoping to receive a relatively "satisfactory" high compensation through the multi-year price increase of Bitcoin is not realistic. The compensation boundary implied by this proposal mostly points to the actual losses already registered and confirmed by the Chinese police.
You may also like
Overnight, the crypto tycoons were severely played by Vanity Fair
Auto Earn Crypto Passive Income: Staking Rewards Up to 8% APR
Start earning crypto passive income with auto earn. Get up to 8% APR on BTC and higher yields on stablecoins. Compare staking rewards and maximize your returns today.
Interview with Hyperliquid Founder Jeff Yan: Crypto and DeFi Are in Our DNA, Never Compromising on Trust
$1 Billion Free Lottery, Kalshi Launches Prediction Challenge
SlowMist: Is it Really Safe to Entrust Your Money to an AI Agent like "Lobster"?
Regulation, Insiderism, and Essence: The Story Behind Kalshi's $20 Billion Valuation
You Have Been Training Google's AI for Free for 15 Years, and You Didn't Even Know
Best AI Crypto Trading Bot? Inside the AI Trading System That Ranked Top 3 on WEEX
Discover the best AI crypto trading bot on WEEX. Learn how AI trading works, how to trade automatically, and why this system stands out among top AI trading apps.
How to Trade Cryptocurrency Without App Store: Instant Browser Crypto Trading on WEEX
Trade crypto instantly without downloading an app. Use WEEX H5 to access spot and futures trading directly in your browser with fast execution, real-time risk control, and seamless experience across mobile, tablet, and desktop. Supports Bitcoin, Ethereum, and more.
From OKX to Bybit, exchanges are changing tires on the highway at high speed
A Brief History and Future of Perpetual Contracts
AI Agent Gets ID and Wallet on the Same Day | Rewire News Morning Brief
IOSG: Power Flexibility Paradigm Shift: From Macro Assets to Distributed Intelligence Layer
Murata 35% Price Increase Explained: A Capacitor that Gives AI Empire a Cold
MiniMax: A Henan County Youth and His 300 Billion
From Abandoned Project to Sky-High Target, Mastercorp Acquires BVNK for $1.8 Billion
Is Polymarket's Pricing Accurate? I Simulated a Crisis with 200 Agents to Find Out
A Decade of Regulation Finally Clarified, Victory for Crypto-Native Logic
Overnight, the crypto tycoons were severely played by Vanity Fair
Auto Earn Crypto Passive Income: Staking Rewards Up to 8% APR
Start earning crypto passive income with auto earn. Get up to 8% APR on BTC and higher yields on stablecoins. Compare staking rewards and maximize your returns today.
App