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Three-Day Hearing Held in Qian Zhimin's 60,000 Bitcoin Case as Ownership Claims Expand

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2026-07-12 06:34:31
A three-day hearing in Qian Zhimin's case involving 60,000 Bitcoin ran from July 7 to July 9, 2026, with additional parties joining a dispute over rights to the assets. According to NS3.AI, Lantian Gerui entered the case through a litigation receiver, adding to competing claims over the Bitcoin.

The Bitcoin at the center of the dispute was valued at about 427,000 yuan per coin this July. UK prosecutors are seeking state confiscation, while Chinese victims and Lantian Gerui are asserting property interests in the Bitcoin.
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