{"id":38344,"date":"2025-11-11T15:31:34","date_gmt":"2025-11-11T15:31:34","guid":{"rendered":"https:\/\/agooka.com\/news\/world\/crypto-queen-from-china-sentenced-in-london-for-5-billion-bitcoin-fraud\/"},"modified":"2025-11-11T15:31:34","modified_gmt":"2025-11-11T15:31:34","slug":"crypto-queen-from-china-sentenced-in-london-for-5-billion-bitcoin-fraud","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/world\/crypto-queen-from-china-sentenced-in-london-for-5-billion-bitcoin-fraud\/","title":{"rendered":""Crypto Queen" from China sentenced in London for \u00a35 billion Bitcoin fraud"},"content":{"rendered":"

Qian Zh\u0456m\u0456n, 47, has been sentenced to 11 years and 8 months in prison for money laundering in London. She stole \u00a35 billion from over 100,000 Chinese pensioners by investing their money in cryptocurrency.<\/p>\n

\""Crypto<\/p>\n

A London court sentenced 47-year-old Qian Zhimin to 11 years and 8 months in prison for money laundering after she fled China and hid bitcoins worth about \u00a35 billion in her mansion in Hampstead. This was reported by BBC, writes UNN.<\/p>\n

Details<\/h2>\n

According to the police, the woman bought cryptocurrency with funds stolen from over 100,000 Chinese pensioners who invested in her company under the guise of mining and high-tech health products.<\/p>\n

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If we can put all the evidence together, we hope the UK government, the Crown Prosecution Service and the High Court will show compassion<\/p>\n

\u2014 said one of the victims, Mr. Yu, who lost his family due to the fraud.<\/p><\/blockquote>\n

Qian arrived in the UK in 2017 on a forged passport, rented an expensive mansion, and posed as an antique heiress, using assistants to convert cryptocurrency into money and real estate. Police found tens of thousands of bitcoins, which is considered the largest cryptocurrency seizure in UK history.<\/p>\n

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She founded the company in China only four years ago, but the fraud affected over 120,000 people, and new investors' money was used to pay current ones, creating a classic pyramid scheme. <\/p>\n

\n

The more information we got about her involvement\u2026 the more obvious it became that, yes, she is very intelligent, she is very sociable, very manipulative, capable of convincing many people <\/p>\n

\u2014 noted Detective Joe Ryan of the London police.<\/p><\/blockquote>\n

During the trial, Qian initially denied the charges, but later pleaded guilty to illegally acquiring and possessing cryptocurrency. Her arrest concluded a large-scale international scam and served as a warning to crypto entrepreneurs operating outside the law.<\/p>\n

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Qian Zh\u0456m\u0456n, 47, has been sentenced to 11 years and 8 months in prison for money laundering in London. She stole \u00a35 billion from over 100,000 Chinese pensioners by investing their money in cryptocurrency. A London court sentenced 47-year-old Qian Zhimin to 11 years and 8 months in prison for money laundering after she fled […]<\/p>\n","protected":false},"author":1,"featured_media":38345,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-38344","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/38344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=38344"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/38344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/38345"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=38344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=38344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=38344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}