Judge Turner highlights concerns over legal representation for victims under the Proceeds of Crime Act, with further discussions on bankruptcy proceedings scheduled.
The UK High Court in Manchester convened a procedural hearing regarding the civil recovery of Qian Zhimin’s Bitcoin assets but did not issue a ruling on ownership. Judge Turner noted concerns about the growing number of legal representatives for Chinese victims claiming under Section 281 of the Proceeds of Crime Act (POCA). A subsequent hearing is scheduled for February 16-17 to examine parallel bankruptcy proceedings.