A woman who bought cryptocurrency with funds embezzled from thousands of Chinese pensioners has been sentenced in the UK to 11 years and eight months for money laundering. London police described the seizure as one of the world's single largest crypto hauls. Qian Zhimin, 47, fled China after police began an investigation and arrived in the UK in September 2017 using a fake passport. She moved into a rented mansion in Hampstead, north London, where the Metropolitan Police raided the property a year later. Over 100,000 Chinese individuals invested money in her company, which claimed to be developing health products and mining cryptocurrency. Police claimed that Zhimin embezzled these investment funds. According to a BBC report, she posed as an antiques and diamond heiress in the UK. She h
Chinese Cryptoqueen caught in London, in what was considered largest Bitcoin seizure
The Times of India2 hrs ago
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