Inventive Translation: “Bitcoin Laundering: Chinese National Qian Zhimin Sentenced to Six-Year Imprisonment by UK Court”

According to the investigation, a total of 61,000 Bitcoins worth over 3 billion pounds were found in a digital wallet, setting a record for the largest seizure of cryptocurrency in the UK. Currently, there are still 23,300 Bitcoins in circulation, with a value exceeding 1 billion pounds. It is reported that these Bitcoins originated from a 5 billion pound investment fraud case in China between 2014 and 2017. The funds were transferred abroad and used to purchase cryptocurrency. Although Qian Zhimin did not directly participate in the fraud, he played a role as a “front desk” and helped disguise the source of money laundering funds.