Chinese woman convicted in UK after ‘world’s biggest’ bitcoin seizure

A Chinese citizen has been convicted of playing an important role in the world’s largest single crypto currency vigil and worth a significant role from £ 5 billion ($ 6.7 billion).

Zhimin Qian, also known as Yadi Zhang, was found guilty in London’s illegal crypto money on Monday and his Southwark Crown Court.

Between 2014 and 2017, the Metropolitan police managed a large -scale scam deception by deceiving more than 128,000 victims and hiding stolen funds in Bitcoin assets. expression.

Met, 47 -year -old criminal defense, a seven -year investigation turned into a global money laundering network, he said.

Police said the investigation began in 2018 after receiving an overthrow on the transfer of criminal assets.

Quan Detective Sergeant Isabella Grotto, who pioneered the investigation of Met, said, “He’s running away from justice until his arrest for five years.

Met fled using fake documents and entered England, where he tried to launder the stolen money by buying property.

Another Chinese citizen received help from Jian Wen. The old package service was sentenced to six years and eight months in prison for his role in the penalty operation.

Met said he had seized a total of 61,000 Bitcoin from Qian.

“Bitcoin and other crypto currencies are increasingly used by organized criminals to conceal and transfer assets, so the fraudsters can benefit from the benefits of criminal behaviors,” Robin Weyell said, ” He said.

“This case, which includes the biggest crypto currency in the UK, shows the current criminal income scale of these fraudsters.”

Monday’s conviction, police and Chinese law enforcement teams, including “years of investigation of the peak of the peak” he said.

Met said the investigation is still continuing.

China Media Outlet Cankurtaran in 2024 He reported that investors poured “hundreds of thousands of millions of” yuan to the plans encouraged by Qian, mostly between 50 and 75 years of ages.

Investors reportedly little about Qian, which is defined as the “women of the woman’s god”.

Met, Crown Prosecutor’s Office (CPS) is trying to ensure that scammers do not take over the stolen funds.

CPS said last year that most of the sacrifices of the victims returned with a compensation plan established in China.

Qian is detained before the conviction. The date of the court has not yet been corrected.

The BBC contacted the Chinese Embassy in the UK to comment.