From the start, Zhimin Qian was running a Ponzi scheme, then converted the money into Bitcoin and fled before being arrested. So, from the start, the investors invested in Yuan, not Bitcoin. So why should they get the Bitcoin? They should have received their initial investment in Yuan.


Maybe they could get some interest from their money, but it probably wouldn't be that much. But compensation in the form of money equal to their investment with interest is more than enough, I think. If they were to ask for more, it would be a sign of greed, given the significant rise in Bitcoin's price.


From what I've read, if it uses Chinese law, then the profits are very likely to go to the British government. But I don't think it will be that easy --- the Chinese government also doesn't want to lose out in this matter, so it's possible that they will also ask for a share of the profits.

What if BTC dumps again? Well, it won't dump to the same levels, that's for sure, but then who will bear the loss or the difference caused by the volatility? But let's say, under an extreme scenario, would these victims demand BTC or the equivalent amount of fiat?

Well, so far, I also can't say anything with strong points because the whole case looks like a stretch, and they won't even pay anything this year. Maybe they are doing this to stretch it further, and then, with time, they will make their relations with China better or worse. They will use some political play here because the money involved is huge.