BlockBeats News, February 24th. According to Caixin, on February 16th and 17th, 2026, the High Court of England held a two-day hearing on the asset disposal of 60,000 bitcoins in the money laundering case of Zhao Zhiyong. Over 11,300 Chinese victims are planning to submit a compensation application to the High Court of England, accounting for only 8.8% of the 128,409 victims. The deadline for registration for compensation in the UK is May 22nd.According to Section 281 of the UK Proceeds of Crime Act (POCA), if someone claims that assets frozen or intended to be confiscated by the government originally belonged to them, they can apply for compensation to the High Court of England. On October 22, 2024, the UK authorities allowed victims of Blue Sky Grid to actively seek compensation, present evidence to the High Court of England, prove that they are victims of the Blue Sky Grid case, and have a connection to the assets involved.

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