Financial Times: 61,000 Bitcoins in Qian Zhimin case may belong to British police and Home Office

According to the Daily Economic News, on Friday local time, a court in London, England, made a sentencing ruling on a money laundering case involving Bitcoin. A Chinese-British woman named Jian Wen was sentenced to 6 years and 8 months for assisting her employer in money laundering. The Financial Times reported that the British Crown Prosecution Service has filed a civil recovery procedure with the High Court for these seized assets. If no one else claims the rights to the criminal assets, half will belong to the British police and half will be assigned to the British Home Office. Huang Feng, a professor at the G20 Anti-Corruption Pursuit and Recovery Research Center of Beijing Normal University, said that according to British law, if the property victim makes a relevant claim, the British court will suspend the hearing of the civil recovery application filed by the British law enforcement agency to determine the ownership of the relevant property.