UK courts sentenced Chinese national Qian Zhimin to 11 years for laundering billions in Bitcoin stolen from 120,000 investors through a Ponzi scheme disguised as a crypto mining operation.UK courts sentenced Chinese national Qian Zhimin to 11 years for laundering billions in Bitcoin stolen from 120,000 investors through a Ponzi scheme disguised as a crypto mining operation.

Chinese ‘Cryptoqueen’ gets 11 years for £4.2 billion Bitcoin ponzi scheme

Author: Coinstats

Source: Coinstats

2025/11/12 05:05

1 min read

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Chinese 'Cryptoqueen' gets 11 years for £4.2 billion Bitcoin ponzi scheme

UK courts sentenced Chinese national Qian Zhimin to 11 years for laundering billions in Bitcoin stolen from 120,000 investors through a Ponzi scheme disguised as a crypto mining operation.

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