UK sentences Chinese scammer after record-breaking Bitcoin seizure
The United Kingdom has sentenced a Chinese woman to 11 years and eight months in prison for a years-long scheme to launder investment scam proceeds into Bitcoin, luxury property, and other assets now worth about 4.8 billion British pounds ($6.3bn).
Zhimin Qian, 47, was sentenced by the Southwark Crown Court in London on Tuesday, in a case that saw UK police seize a record-breaking 61,000 Bitcoin as part of their investigation.