✉news WorldLaw & Courts first seen 1 d ago, last 5 h ago, peak #1
UK's chances of keeping £3.8bn bitcoin haul improve after ruling
Original: UK chances of keeping £3.8bn bitcoin haul rise after High Court ruling
The UK's prospects of retaining a seized bitcoin hoard worth around £3.8bn have improved following a High Court ruling. The decision strengthens the state's position in proceedings over the confiscated cryptocurrency, which was seized in a major fraud investigation. The case is being closely watched because of the sheer size of the haul and what it means for future government handling of seized digital assets.
Why now: A High Court ruling has just materially improved the government's legal position on one of the largest cryptocurrency seizures ever.
United KingdomHigh Court of England and WalesBitcoin
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- UK chances of keeping £3.8bn bitcoin haul rise after High Court ruling · Financial Times
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