Source: BBC News [UK State Media]
“A Chinese national has been convicted following an international fraud investigation which resulted in what’s believed to be the single largest cryptocurrency seizure in the world. The Metropolitan Police says it recovered 61,000 bitcoin worth more than £5bn ($6.7bn) in current prices. Zhimin Qian, also known as Yadi Zhang, pleaded guilty on Monday at Southwark Crown Court of illegally acquiring and possessing the cryptocurrency. Between 2014 and 2017 she led a large-scale scam in China which involved cheating more than 128,000 victims and storing the stolen funds in bitcoin assets, the Met said in a statement. It said the 47-year-old’s guilty plea followed a seven-year probe into a global money laundering web which began when it got a tipoff about the transfer of criminal assets.” (09/30/25)