A Malaysian High Court ruled on October 12 that Bitcoin transferred through intermediary wallets remains subject to ownership claims by victims of the Bitkingdom scheme. The court ordered a proportional return of 497.82 BTC seized in connection to the scam to nine investors who had deposited 362.04 BTC between 2015 and 2016. The ruling rejected the prosecution's argument that wallet transfers and asset mixing nullified ownership claims, affirming that such movements do not end investors' rights. This decision supports victims' efforts to recover assets from a scheme that promised daily returns but was classified as unlawful under Malaysia's Anti-Money Laundering laws and Penal Code.
The Malaysian court ruling on Bitcoin ownership claims provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 22, 2026 10:41 WIB: out of 50 major cryptocurrencies, 13 rose and 36 fell today. Notable movers include BAL (Balancer) up 11.14% at Rp16.297 with a typical hold time of 85 days, EOS (EOS.IO) up 8.13% at Rp12.649 with a typical hold time of 87 days, and COMP (Compound) down 6.81% at Rp445.367 with Pluang order activity showing 24% sell and 76% buy, and a typical hold time of 98 days.
Senteon was awarded the Best Solution Patch and Configuration Management at the 2026 Top InfoSec Innovator Awards by Cyber Defense Magazine. The company’s platform automates endpoint hardening and continuously monitors security configurations to redu...
RENK Group AG has sold its slide bearings business to Austrian company Miba AG to sharpen its focus on the defense sector, aiming to increase defense-related revenue to 90% by 2030. The sale does not affect RENK's Marine & Industry civilian business,...
RENK Group AG is selling its slide bearings business to Austrian company Miba AG as part of a strategic shift to focus more on its defense sector. The sale supports RENK's plan to increase defense-related revenue to about 90% by 2030, while the civil...
RENK Group AG, through its subsidiary RENK GmbH, has signed a binding agreement to sell its Slide Bearings business to Austria's Miba AG. The Slide Bearings segment produces standardized bearings used mainly in industrial and civil markets. This sale...
RENK Group AG, through its subsidiary RENK GmbH, has signed a binding agreement to sell its Slide Bearings business to Austria's Miba AG. This unit produces slide bearings mainly used in industrial and civilian markets. The sale aligns with RENK's 20...
