PANews reported on October 29 that the Hedong Branch of the Tianjin Municipal Public Security Bureau issued a notice today stating that Qian Zhimin, the main culprit in the illegal fundraising case of Lantian Gree Electronic Technology Co., Ltd., appeared in court at the Southwark Magistrates' Court in London on September 29, 2025, after years on the run in the UK. He was charged with money laundering and pleaded guilty in court. Police stated that they are currently cooperating with UK law enforcement agencies in cross-border fugitive repatriation and asset recovery efforts to fully recover losses for those who participated in the fundraising scheme. Police reminded investors to express their demands rationally and legally, and to be wary of unauthorized cross-border "asset recovery agents" to avoid being scammed again. Public records show that Qian Zhimin was the founder and actual controller of Tianjin Lantian Gree Electronic Technology Co., Ltd. The company illegally raised funds under the guise of "blockchain computing power investment" and "Bitcoin mining wealth management," absorbing billions of yuan in funds, including approximately 60,000 Bitcoins. After the case was exposed in 2017, Qian Zhimin fled abroad and has been hiding in the UK for a long time. PANews reported on October 29 that the Hedong Branch of the Tianjin Municipal Public Security Bureau issued a notice today stating that Qian Zhimin, the main culprit in the illegal fundraising case of Lantian Gree Electronic Technology Co., Ltd., appeared in court at the Southwark Magistrates' Court in London on September 29, 2025, after years on the run in the UK. He was charged with money laundering and pleaded guilty in court. Police stated that they are currently cooperating with UK law enforcement agencies in cross-border fugitive repatriation and asset recovery efforts to fully recover losses for those who participated in the fundraising scheme. Police reminded investors to express their demands rationally and legally, and to be wary of unauthorized cross-border "asset recovery agents" to avoid being scammed again. Public records show that Qian Zhimin was the founder and actual controller of Tianjin Lantian Gree Electronic Technology Co., Ltd. The company illegally raised funds under the guise of "blockchain computing power investment" and "Bitcoin mining wealth management," absorbing billions of yuan in funds, including approximately 60,000 Bitcoins. After the case was exposed in 2017, Qian Zhimin fled abroad and has been hiding in the UK for a long time.
Qian Zhimin, the main suspect in a money laundering case involving 60,000 bitcoins, pleaded guilty in a British court.
PANews reported on October 29 that the Hedong Branch of the Tianjin Municipal Public Security Bureau issued a notice today stating that Qian Zhimin, the main culprit in the illegal fundraising case of Lantian Gree Electronic Technology Co., Ltd., appeared in court at the Southwark Magistrates' Court in London on September 29, 2025, after years on the run in the UK. He was charged with money laundering and pleaded guilty in court. Police stated that they are currently cooperating with UK law enforcement agencies in cross-border fugitive repatriation and asset recovery efforts to fully recover losses for those who participated in the fundraising scheme. Police reminded investors to express their demands rationally and legally, and to be wary of unauthorized cross-border "asset recovery agents" to avoid being scammed again.
Public records show that Qian Zhimin was the founder and actual controller of Tianjin Lantian Gree Electronic Technology Co., Ltd. The company illegally raised funds under the guise of "blockchain computing power investment" and "Bitcoin mining wealth management," absorbing billions of yuan in funds, including approximately 60,000 Bitcoins. After the case was exposed in 2017, Qian Zhimin fled abroad and has been hiding in the UK for a long time.
Market Opportunity
PUBLIC Price(PUBLIC)
$0.018
$0.018$0.018
USD
PUBLIC (PUBLIC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
CME Group to launch options on XRP and SOL futures
The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval. CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval. The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction. The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team. ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56
Trump Family Adds $1.4B in Crypto While Media Shares Decline
As of writing, cryptocurrency-linked ventures tied to the Trump family continue to trade actively, with World Liberty Financial tokens near $0.16 and Trump-affiliated
Share
Coinstats2026/01/20 22:58
China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push
TLDR China instructs major firms to cancel orders for Nvidia’s RTX Pro 6000D chip. Nvidia shares drop 1.5% after China’s ban on key AI hardware. China accelerates development of domestic AI chips, reducing U.S. tech reliance. Crypto and AI sectors may seek alternatives due to limited Nvidia access in China. China has taken a bold [...] The post China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push appeared first on CoinCentral.
Share
Coincentral2025/09/18 01:09