PANews reported on November 28th that China News Weekly published an article titled "Can the 40 Billion Yuan Worth of Bitcoins Taken Away by Qian Zhimin Be Returned to China?", which pointed out that Qian Zhimin, the main culprit in a money laundering case involving 60,000 Bitcoins, purchased a total of 194,951 Bitcoins, exceeding the 61,000 Bitcoins seized by the police. However, the court did not disclose the situation of the remaining 120,000+ Bitcoins, meaning that there is a high probability that Qian Zhimin's assets still contain Bitcoins that have not yet been discovered or confiscated. London Metropolitan Police detective Joe Lane revealed that Qian Zhimin claimed that the password to a wallet containing 20,000 Bitcoins was "lost." According to the latest market price, these "lost" Bitcoins alone are worth approximately 12.5 billion yuan.PANews reported on November 28th that China News Weekly published an article titled "Can the 40 Billion Yuan Worth of Bitcoins Taken Away by Qian Zhimin Be Returned to China?", which pointed out that Qian Zhimin, the main culprit in a money laundering case involving 60,000 Bitcoins, purchased a total of 194,951 Bitcoins, exceeding the 61,000 Bitcoins seized by the police. However, the court did not disclose the situation of the remaining 120,000+ Bitcoins, meaning that there is a high probability that Qian Zhimin's assets still contain Bitcoins that have not yet been discovered or confiscated. London Metropolitan Police detective Joe Lane revealed that Qian Zhimin claimed that the password to a wallet containing 20,000 Bitcoins was "lost." According to the latest market price, these "lost" Bitcoins alone are worth approximately 12.5 billion yuan.

New doubts surrounding Qian Zhimin's case: 120,000 out of 195,000 BTC are unaccounted for; he claims to have lost the password to a wallet containing 20,000 BTC.

2025/11/28 15:30
1 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

PANews reported on November 28th that China News Weekly published an article titled "Can the 40 Billion Yuan Worth of Bitcoins Taken Away by Qian Zhimin Be Returned to China?", which pointed out that Qian Zhimin, the main culprit in a money laundering case involving 60,000 Bitcoins, purchased a total of 194,951 Bitcoins, exceeding the 61,000 Bitcoins seized by the police. However, the court did not disclose the situation of the remaining 120,000+ Bitcoins, meaning that there is a high probability that Qian Zhimin's assets still contain Bitcoins that have not yet been discovered or confiscated. London Metropolitan Police detective Joe Lane revealed that Qian Zhimin claimed that the password to a wallet containing 20,000 Bitcoins was "lost." According to the latest market price, these "lost" Bitcoins alone are worth approximately 12.5 billion yuan.

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$70 920,41
$70 920,41$70 920,41
+1,13%
USD
Bitcoin (BTC) 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 crypto.news@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

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum price predictions are turning heads, with analysts suggesting ETH could climb to $10,000 by 2026 as institutional demand and network upgrades drive growth. While Ethereum remains a blue-chip asset, investors looking for sharper multiples are eyeing Layer Brett (LBRETT). Currently in presale at just $0.0058, the Ethereum Layer 2 meme coin is drawing huge [...] The post Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058 appeared first on Blockonomi.
Share
Blockonomi2025/09/17 23:45
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
Unleashing A New Era Of Seller Empowerment

Unleashing A New Era Of Seller Empowerment

The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10