From TokenPost · · 40s
UK High Court Allows Chinese Bitcoin Claimants Appeal
Chinese victims gain legal route to challenge Bitcoin ownership claims under UK law.
In brief
Chinese victims gain legal route to challenge Bitcoin ownership claims under UK law. UK High Court permits Chinese applicants to appeal ruling that Chinese law governs their Bitcoin ownership claims. Originally reported by TokenPost.
UK High Court Ruling
The U.K. High Court allowed Chinese claimants to appeal its decision that Chinese law governs their ownership claims to more than 60,000 Bitcoin.
Appeal Permission
The court granted permission to appeal four days after issuing its ruling on Oct. 12, letting applicants challenge which law applies without deciding ownership.
Next Steps
Lawyers discussed legal costs, whether applicants continue claims, and how to withdraw from proceedings in subsequent hearing.
The main idea
UK High Court permits Chinese applicants to appeal ruling that Chinese law governs their Bitcoin ownership claims.
