Legal application hearing on the 60,000 Bitcoin money laundering case scheduled for July: UK High Court designates leading law firm, sparking controversy

SmartContractAuditor · 2026-02-25T02:16:32+00:00

The hearing on the legal issues regarding the case of 60,000 Bitcoin money laundering will be held in July, with the UK High Court appointing Fieldfisher as the lead law firm, sparking controversy. Some law firms are concerned that this may give them an informational advantage and influence client decisions, but the judge emphasized that this move is solely to improve litigation efficiency.

SmartContractAuditor

2026-02-25 02:16:32

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Odaily Planet Daily reports that a money laundering case involving 60,000 Bitcoin will have a “Legal Applicability Issue” hearing in July (regarding whether Chinese law or UK law should apply). The UK High Court has appointed the law firm Fieldfisher, which was involved earlier in the case, to lead the hearing. However, the lead law firm’s proposal has sparked controversy. Some firms are concerned that Fieldfisher might gain an informational advantage, such as access to the list of victims with large investments, and even attempt to “poach clients” by improperly “inducing” victims to switch law firms. The judge believes that this arrangement does not designate Fieldfisher to handle all asset recovery claims for victims, but only to represent all victims in the “Legal Applicability Issue” before the court. Other law firms will continue to handle their clients’ claims independently. Appointing a lead law firm is intended to improve litigation efficiency. (Caixin)

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