News Summary

• Victims of a Chinese investment fraud are challenging a UK proposal to compensate them through a Chinese redress scheme.
• They argue the plan could leave British authorities holding much of the upside from roughly 61,000 Bitcoin seized in a money-laundering investigation.
• The dispute has moved into the UK High Court as groups representing victims seek to recover funds linked to the cryptocurrency seized by police in London.
• The Bitcoin haul is now worth about 3.2 billion pounds ($4.3 billion) after rising sharply in value since the assets were confiscated.