Recently, the UK High Court conducted a procedural hearing in Manchester regarding the civil Bitcoin seizure case involving Zhimin Qian. The case, numbered KB-2024-003157, did not address asset ownership or compensation details.
Concerns Over Representation Proliferation
Mr Justice Turner expressed concerns over the fragmentation of representation, as multiple law firms are now representing different groups of victims under Section 281 of the Proceeds of Crime Act (POCA), increasing the risk of procedural complications.
- Multiple law firms filing claims for different victim groups
- Judge highlights potential for procedural delays
Impact of Parallel Liquidation Proceedings
The judge also referenced an ongoing UK liquidation proceeding related to a linked company, indicating it could influence the trajectory of the civil forfeiture case. A follow-up hearing is scheduled for February 16-17, where further legal direction is expected.