🚨 The largest crypto seizure in British history
A Chinese citizen, Zhimin Qian (also known as Yadi Zhang), has pleaded guilty at Southwark Crown Court after British police seized 61,000 $BTC – worth over 6.7 billion USD at current prices. This is considered the largest cryptocurrency seizure in the world.
Qian has been dubbed the "goddess of wealth" after defrauding over 128,000 investors in China between 2014 and 2017. After several years of hiding, she used fake documents to come to the UK to launder money through real estate. Her associate Seng Hok Ling (Malaysia) also admitted his role in the operation.
Previously, Jian Wen – Qian's "right-hand man" – was sentenced to over 6 years in prison for laundering hundreds of millions of pounds via BTC. British police stated that this case exposes the massive scale that criminals can manipulate through crypto.
According to the Metropolitan Police & Southwark Crown Court, Qian is being held awaiting sentencing on 10/11. The British government also affirmed: "The land of fog is not a safe haven for criminals."
❌ Disclaimer: This is just a summary news piece with a bit of light-hearted fun, not investment advice for buying or selling Bitcoin. Don't think holding 61,000 BTC will easily change your life!