[UK Proposes Compensation Scheme for 61,000 Bitcoin Fraud Case] According to the *Financial Times* report on October 16, the UK has proposed establishing a compensation mechanism for victims of a fraud case involving 61,000 bitcoins, which may allow the Treasury to retain approximately £5 billion worth of bitcoin assets. These assets originated from bitcoins seized by police in London in 2018 and are currently subject to legal disputes. The victims include thousands of defrauded Chinese investors. The main perpetrator, Qian Zhimin, and his assistant have pleaded guilty, with sentencing expected next month. Recently, UK authorities also gained access to additional crypto assets valued at approximately £67 million.