A UK High Court judge has approved a theft lawsuit involving 2,323… — Stergen Encryption — TG.ME

A UK High Court judge has approved a theft lawsuit involving 2,323 bitcoins (approximately $172 million) for trial. Plaintiff Ping Fai Yuen alleges his estranged wife obtained a hardware wallet recovery phrase through home security cameras and transferred the bitcoins without his permission in 2023. Although the judge dismissed his primary claim regarding "transfer," stating that the law generally applies only to tangible property, the case will proceed under other legal claims, potentially leading to the recovery of the bitcoins.🙊🙊🙊
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March 19, 2026 1.3K