A Chinese woman facing a long jail term for her role in a multibillion-dollar Bitcoin scam lived in luxury as she evaded the authorities for years, a UK court heard Monday.

Nicknamed the “goddess of wealth”, Zhimin Qian, 47, is accused of orchestrating a Ponzi scheme which defrauded around 128,000 people in China between 2014 and 2017, raising billions of dollars, much of which was converted to Bitcoin.

Qian was arrested after UK authorities seized 61,000 Bitcoins worth over $6 billion at current rates, believed to be a record in crytocurrency-related crime.

The Chinese national, who pleaded guilty to acquiring and possessing criminal property in September, is to be sentenced on Tuesday and faces up to 14 years in prison.

A Malaysian accomplice, Seng Hok Ling, also 47, admitted to mone

See Full Page