Caixin: The Blue Sky Ge Rui illegal fundraising case is expected to refund less than 5% domestically, and 61,000 bitcoins have been seized by the British police

ChainCatcher news, according to Caixin reports, in the Blue Sky Ge Rui 43 billion yuan illegal fundraising case, it is expected that less than 5% can be recovered domestically. Currently, 61,000 bitcoins have been seized by the British police. A hearing on the proceeds of crime will be held in September 2024. Caixin has found that there are very few successful cases of cross-border asset recovery in China through public channels.

In addition, according to international practices, sharing is the mainstream method for cross-border asset recovery and disposal of confiscated assets. The International Cooperation Department of the Ministry of Justice of China responded that it does not have specific case information and it is not convenient to disclose it.