The UK Crown Prosecution Service has mandated Seng Hok Ling to repay over $7.6 million or face additional imprisonment. According to NS3.AI, Ling was involved in laundering Bitcoin for Zhimin Qian, a convicted fraudster who orchestrated a Ponzi scheme that defrauded 128,000 investors. Qian converted the illicit gains into Bitcoin and concealed assets in the UK. Authorities have seized 61,000 BTC, valued at $5.4 billion, marking the largest cryptocurrency confiscation in UK history. Legal discussions are ongoing regarding the reimbursement to victims and the allocation of the remaining funds.

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