A native of China was found guilty of laundering cryptocurrency worth £ 5 billion.

In London, a native of China was found guilty of laundering over £5 billion ($6.7 billion) in cryptocurrency. This was announced on September 29 by the press service of Scotland Yard on the website.

The woman confessed. According to Scotland Yard, the 61,000 bitcoins seized from her became the record amount of cryptocurrency ever seized by law enforcement agencies in the world.

The investigation found that 47-year-old Zhimin Qian, along with accomplices, created a financial pyramid scheme in China, involving almost 130,000 investors from 2014 to 2017. She then fled China using forged documents and entered the UK. It is clarified that Qian tried to launder funds through the purchase or rental of expensive real estate. These operations attracted the attention of the British security forces.

Qian had been hiding from the police for five years, and was arrested in April 2024. The Royal Court of the London borough of Southwark in May 2024 sentenced her to six years and eight months in prison.

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Earlier, on January 9, a court in the UK rejected the claim of James Howells, demanding compensation due to the loss of a disk with 8 thousand bitcoins at a landfill in the city of Newport, the value of which is about $ 730 million. It was clarified that the man demanded from the authorities of Newport access to the landfill or compensation in the amount of $ 604 million.

All important news is on the Izvestia channel in the MAX messenger.