PANews reported on November 11 that, according to Bloomberg, Chinese woman Zhimin Qian (also known as Yadi Zhang) has been sentenced to 11 years and 8 months in prison by a London court for orchestrating an investment fraud involving approximately 40 billion yuan (US$5.6 billion) and laundering money to purchase 61,000 bitcoins. This case represents the largest seizure of crypto assets in UK history, with the bitcoins involved currently valued at approximately US$6.4 billion. Prosecutors say Qian Zhimin fled China and traveled to several countries using a fake passport before being apprehended in the UK. She had purchased luxury homes, jewelry, and other valuables through an assistant and planned to sell Bitcoin to fund her self-proclaimed "nation," Liberland. British government agencies are investigating how to return the seized assets to victimized investors.PANews reported on November 11 that, according to Bloomberg, Chinese woman Zhimin Qian (also known as Yadi Zhang) has been sentenced to 11 years and 8 months in prison by a London court for orchestrating an investment fraud involving approximately 40 billion yuan (US$5.6 billion) and laundering money to purchase 61,000 bitcoins. This case represents the largest seizure of crypto assets in UK history, with the bitcoins involved currently valued at approximately US$6.4 billion. Prosecutors say Qian Zhimin fled China and traveled to several countries using a fake passport before being apprehended in the UK. She had purchased luxury homes, jewelry, and other valuables through an assistant and planned to sell Bitcoin to fund her self-proclaimed "nation," Liberland. British government agencies are investigating how to return the seized assets to victimized investors.