According to the Daily Economic News, a court in London, UK, sentenced a British Chinese woman, Jian Wen, to 6 years and 8 months in prison for assisting her employer in money laundering in a Bitcoin-related case. During the trial, Jian Wen admitted to being involved in the handling of some cryptocurrency but claimed to be unaware that the funds were proceeds of crime. Her defense lawyer, Mark Harrie, stated that Jian Wen came from a poor background and was also a victim, deceived and used by Qi Zhimin.
According to the Financial Times, the UK’s Crown Prosecution Service has initiated a civil recovery procedure in the High Court for the confiscated assets. If no one else claims ownership of these criminal assets, half will go to the British police and the other half will be allocated to the UK Home Office. Huang Feng, a professor at the G20 Anti-Corruption Research Center at Beijing Normal University, stated that under UK law, if a victim of the confiscated property asserts their rights, the UK court will suspend the civil recovery application made by law enforcement agencies to determine the ownership of the relevant property.
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Tags:
Cryptocurrency
Bitcoin
Money laundering
Source link:
https://mp.weixin.qq.com/s/ayxo_it6HxIpOJl_40YsRA
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Original article link:
https://www.bitpush.news/articles/6794969
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