fled the UK with 61,000 Bitcoins. Qian Zhimin revealed her extravagant life: she bought expensive jewelry and watches and was very cautious when traveling around Europe. Lawyer: She worked hard to learn English in prison and wrote poems

Nakamoto 2025-11-11 19:12 97013人围观 BTC

According to reports, businesswoman Qian Zhimin, who previously fled the UK with nearly 50 billion yuan in Bitcoin and pleaded guilty in court in the UK’s “largest Bitcoin money laundering case,” will be sentenced on Tuesday (11th) local time. She faces u

According to reports, businesswoman Qian Zhimin, who previously fled the UK with nearly 50 billion yuan worth of Bitcoin and pleaded guilty in court in the UK’s “largest Bitcoin money laundering case,” will be sentenced on Tuesday (11th) local time. She faces up to 14 years in prison.

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On October 30 this year, the Hedong Branch of the Tianjin Municipal Public Security Bureau issued a situation report: On April 21, 2017, the Hedong Branch of the Tianjin Municipal Public Security Bureau opened a case to investigate the case of Tianjin Blue Sky Grei Company suspected of illegally absorbing public deposits. The main suspect Qian Zhimin fled to the UK. The Tianjin Municipal Public Security Bureau and British law enforcement agencies have conducted in-depth international cooperation in the pursuit of fugitives and stolen property. On September 29, the Southwark Court in London, England, opened a trial on Qian Zhimin’s suspected money laundering crime, and Qian Zhimin pleaded guilty in court.

▲Qian Zhimin pleaded guilty in court in September

It is reported that Qian Zhimin used the money from illegal fund-raising to buy 61,000 Bitcoins and then fled to the UK. In 2018, Qian Zhimin attracted the attention of the British authorities for trying to buy a luxury home with Bitcoin, and the police froze the 61,000 Bitcoins. Qian Zhimin was arrested in April last year after nearly six years on the run.

The sentencing hearing held at London's Southwark Court on the 10th of this month revealed Qian Zhimin's extravagant life, which included buying expensive jewelry and spending 120,000 pounds on two luxury watches at a time. Prosecutor Gillian Jones said at the sentencing hearing that Qian Zhimin traveled around Europe after arriving in the UK and frequently visited high-end hotels. According to reports, Qian Zhimin is very cautious and mainly travels by self-driving.

Qian Zhimin's defense attorney, Richard Thomas, said his client had no previous criminal record and had behaved well while in custody. Richard said at the sentencing hearing that Qian Zhimin worked hard to learn English in prison and "even wrote poetry."

It is reported that according to British law, if seized criminal assets are unclaimed or fail to be claimed, they will usually belong to the British government. According to previous reports, William Glover of Fieldfisher law firm, which represented more than 1,000 victims in the case, said: "Some (victims) lost their life savings, many of them are elderly or vulnerable people... The frozen Bitcoin does not belong to the British government. The British government has no right to override the legitimate legal and property interests of the victims and dispose of frozen Bitcoins at will.

One victim said in an interview with the media that his marriage had broken down because of Qian Zhimin’s scam. “Now only this batch of Bitcoins can help us recover some losses. ”

Related reports: Qian Zhimin pleaded guilty in the UK. The market value of 61,000 Bitcoins has reached 49.3 billion yuan: He stayed in bed for 20 hours a day to command, and used Bitcoin to buy a luxury house in London, which alarmed the police.； Lawyer explains “Who should get the stolen money?””

Red Star News reporter Li Jinrui

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