Victims Push for Reimbursement

[tradelikepro]

Lawyers representing the scam victims argue that they are entitled to recover their life savings, frozen in UK jurisdiction for over a decade.

“The victims have been without their property for some 10 years now,” said Fieldfisher, a law firm representing some claimants.

Until these cases are resolved, the UK’s Bitcoin hoard will likely remain in limbo, delaying any government plans to utilize the crypto.

[EmTeam]

Victims’ legal teams stress that any talk of a UK Bitcoin Reserve is premature, since the $7.3B stash is still tied to unresolved restitution claims. Until courts decide, the funds can’t be freely repurposed by the state.

[Nahid Hossen]

The decade-long freeze highlights a deeper tension: governments may see strategic value in seized crypto, but victim compensation and property rights will remain the first legal hurdle.