According to CoinMeta, the asset disposal process in the Qian Zhimin money laundering case, involving 8,300 Chinese victims seeking compensation for 60,000 bitcoins, has reached a stalemate. Multiple law firms are representing the victims, each acting independently, which, according to British judges, leads to issues such as repeated submissions, repeated arguments, and prolonged proceedings. Legal fees are also soaring, ultimately to be borne by the Chinese victims. It is reported that on the eve of the Lunar New Year and the first day of the Lunar New Year (February 16th and 17th, 2026), the UK High Court will hold a hearing on the case, involving over 30 billion yuan and affecting nearly 130,000 Chinese victims. This is the highly anticipated asset disposal process in the 60,000 bitcoin money laundering case. Furthermore, the price of bitcoin has fluctuated significantly; the market value of 60,000 bitcoins has shrunk from a peak of approximately 54 billion yuan on October 6th, 2025, to approximately 31 billion yuan in early February 2026. (Caixin.com)