The UK High Court has established a phase-one lead law firm, registration system, and key timeline for the Qian Zhimin 60,000 BTC money laundering case.

Odaily Odaily that Caixin.com published an article by Yang Yuhua, a partner at the UK law firm Junzhe, revealing that the UK High Court issued a judicial ruling on March 10th establishing the lead law firm, registration system, and key timeline for the phase of the Qian Zhimin 60,000 BTC money laundering case. This marks the beginning of a phase with a clear timeline for the case. However, the High Court's ruling does not address substantive issues such as asset ownership; it is a procedural administrative ruling. It appoints Fieldfisher as the lead law firm for all 281 applicants. Fieldfisher will only represent all 281 applicants in the upcoming "Applicable Law" hearing in July 2026, issuing instructions to the barristers and ensuring unified statements and arguments. Tianjin Lantian Gree Company (through its receiver) is not included in this representation. The High Court also ruled that the lead law firm should establish and maintain a formal register of the 281 applicants. This register will be submitted to the court by the lead law firm and shared with the UK prosecution and relevant legal teams. (Caixin.com)