According to ChainCatcher, the asset disposal case involving Qian Zhimin, a money laundering case, has stalled as 8,300 Chinese victims have filed claims for 60,000 bitcoins. Multiple law firms are representing the victims, each acting independently. British judges believe there are issues such as repeated submissions, repeated arguments, and prolonged proceedings, while legal fees have also skyrocketed, ultimately requiring the Chinese victims to pay.
It is reported that on the eve of the Lunar New Year and the first day of the Lunar New Year (February 16th and 17th, 2026), the UK High Court will hold a hearing on a case involving over 30 billion RMB and nearly 130,000 Chinese victims. This is the highly anticipated asset disposal procedure for the 60,000 Bitcoin money laundering case. Furthermore, the price of Bitcoin has fluctuated significantly; the market value of the 60,000 Bitcoins has shrunk from a peak of approximately 54 billion RMB on October 6th, 2025, to approximately 31 billion RMB in early February 2026.
