POCA civil recovery guides Chinese victim claims in CPS case

No verified July hearing or June 18 victim deadline confirmed

There is no verified court listing or institutional notice confirming a July hearing on “legal application issues,” nor any confirmed June 18 deadline for Chinese victims to provide additional financial details.

As reported by Caixin Global, the money-laundering trial of qian zhimin (also known as Yadi Zhang) began at Southwark Crown Court on September 29, 2025, and ran for roughly 12 weeks (https://www.caixinglobal.com/2025-09-29/exclusive-alleged-chinese-mastermind-behind-massive-bitcoin-money-laundering-stands-trial-in-uk-102367499.html). The report also notes a proposed compensation scheme for Chinese victims under the UK Proceeds of Crime Act (POCA), led by the UK Director of Public Prosecutions.

According to Weex, procedural activity connected to civil recovery and related arrangements took place in February 2026, with no official listing provided for a July hearing or a mid-June victim deadline (https://www.weex.com/news/detail/qian-zhimin-case-holds-first-hearing-of-the-year-plans-further-arrangements-for-bankruptcy-liquidation-proceedings-in-february-323295).

Taken together, the established record confirms the Blue Sky Ge Rui (Tianjin Lantian Ge Rui) matter is active in the UK, but a July hearing date and a June 18 submission deadline remain unconfirmed by named outlets.

Why this matters for Blue Sky Ge Rui victims

Unverified timelines risk prompting victims to share sensitive financial data with unvetted agents, causing exposure to privacy risks and duplicate mandates. In complex cross‑border recoveries, misinformation can also trigger costly, misdirected filings.

To understand why UK courts emphasize procedure, consider the case’s scale: “£4.2 billion ponzi operation,” said the BBC, describing Blue Sky Ge Rui’s magnitude (https://www.bbc.com/).

As reported by Odaily, the High Court has warned that overlapping representation and parallel claims (“agent proliferation”) can inflate costs and delay any eventual distribution (https://www.odaily.news/en/newsflash/465795). This risk is acute for dispersed Chinese victims seeking recovery under UK processes.

What victims should do now and how to verify updates

Use official channels for verification. Any binding dates or hearings should appear on court cause lists or in formal announcements by UK authorities; third‑party posts are not authoritative.

Under POCA, compensation pathways rely on proving a proprietary interest in seized assets. Multiple overlapping engagements with different intermediaries can erode net recovery through duplicated work and fees.

Maintain complete records and avoid sharing personal financial data unless the request can be tied to an official notice or a formally retained representative with clear, written terms and transparent costs.

POCA compensation process, documents, and avoiding agent proliferation

UK civil recovery under the Proceeds of Crime Act (POCA) is distinct from criminal prosecution. Criminal proceedings determine guilt and establish tainted assets; POCA mechanisms focus on identifying, controlling, and distributing assets, including via a prosecutor‑led compensation scheme when appropriate.

In the Blue Sky Ge Rui context involving Qian Zhimin (Yadi Zhang), a prosecutor‑led scheme has been noted by prior coverage as a way to centralize claims for Chinese victims. Centralization can reduce duplicated legal costs, but participation terms, eligibility, and timelines depend on court‑supervised directions and official notices.

Documents to prove proprietary interest in seized assets

Victims generally need evidence linking their funds to the scheme and, where possible, to the seized assets. Typical materials include investment contracts or acknowledgments, payment or transfer records, bank or platform statements, identity verification, and contemporaneous correspondence validating the transaction trail.

Where documentation is incomplete, consistent secondary evidence and sworn attestations may help establish a credible chain. However, the burden remains on the claimant to meet UK standards applicable under POCA.

How to verify official notices and reputable representation

Cross‑check any alleged hearing dates or submission deadlines against official court lists or prosecutor announcements. Request written engagement terms from any representative, and avoid signing duplicate mandates covering the same claim to limit cost leakage.

Seek clarity on fee structures and case scope before sharing documents. Preserve originals and transmit copies securely, ensuring you can reproduce your evidentiary set if asked by a court‑recognized process.

FAQ about Blue Sky Ge Rui

Do Chinese victims need to submit additional financial details by June 18, and what deadlines are actually confirmed?

No confirmed June 18 deadline exists. Verified milestones include the September 29, 2025 trial start and February 2026 procedural activity. Any future deadlines require official notices.

How does the UK Proceeds of Crime Act (POCA) process work for victims in the Qian Zhimin (Yadi Zhang) case?

POCA enables civil recovery and prosecutor‑led compensation. Victims typically must prove a proprietary interest through documentation, with distributions overseen under court‑supervised directions.