Svmuu News: In the 60,000-Bitcoin money laundering case, a hearing on the “choice of law” (i.e., whether Chinese or British law should apply) is scheduled for July. The High Court of England and Wales has designated Fieldfisher—which has been involved in the case from an early stage—as the lead counsel for the hearing.However, the proposal to appoint a lead counsel has sparked controversy. Some law firms worry that Fieldfisher may gain an informational advantage—such as access to the list of victims of large-scale investments—or even take the opportunity to “poach clients” by using improper means to “induce” victims to switch law firms.However, the judge ruled that this arrangement does not designate Fieldfisher to represent all victims in their asset recovery claims, but merely to represent the entire group of victims in negotiations with the court regarding the “choice of law” issue. Other law firms will continue to handle their clients’ claims individually, and the appointment of a lead counsel is intended to improve the efficiency of the litigation. (Caixin)