The Blue Sky Ge Rui case involves over 120,000 international claims, and the deadline for registration for recovery in the UK will be May 22
According to Caixin, on February 16 and 17, 2026, the High Court of England held a two-day hearing on the asset disposal of the money laundering case involving Qian Zhimin and 60,000 bitcoins. Over 11,300 Chinese victims are expected to submit compensation claims to the High Court of England, but this only accounts for 8.8% of the 128,409 victims. The deadline for compensation claims in the UK will be May 22.According to Section 281 of the Proceeds of Crime Act (POCA) in the UK, if someone claims that the assets frozen or intended for confiscation by the government originally belonged to them, they can submit a compensation claim to the High Court of England. On October 22, 2024, the UK allowed victims of Blue Sky Greys to proactively claim compensation, providing evidence to the High Court of England to prove that they are victims of the Blue Sky Greys case and have a relationship with the assets involved.