Attorneys for 12 builders advised the UK Excessive Court docket that the corporate, Tulip Buying and selling, by no means owned the 111,000 bitcoin it’s attempting to say. The corporate, the builders allege, has “fabricated” paperwork to show possession of the tokens and fraudulently achieve management over the funds. The Bitcoin Authorized Protection Fund, a company funded by Twitter (now X), Bluesky and Block (previously Sq.) founder Jack Dorsey and others, shared the submitting.