Starknet

Bitcoin

Billion

A London court jury found a woman guilty of laundering large amounts of Bitcoin in connection with a nearly $6 billion investment scam in China. The defendant, 42-year-old British citizen Jian Wen, was found guilty of one count of money laundering. However, the jury could not reach a verdict on the other two charges.
Jian Wen was accused of helping a Chinese fugitive launder money between 2017 and 2022. In a 2018 raid on a house in London where Jian lived with Zhimin Qian, police seized 1.7 billion pounds ($2.2 billion) worth of Bitcoin.
Although found guilty, Jian has consistently denied all charges against him. He claimed he was unaware of Zhimin's alleged fraud in China or that the money he was transacting was fraudulent. It is noteworthy that Jian was not accused of any role in the fraud in China, which prosecutors estimate reached approximately $6 billion.
Related News: <a href="https://en.bitcoinsistemi.com/starknet-stark-announced-its-roadmap-for-the-next-period-here-are-the-plans/" target="_blank" rel="noopener noreferrer nofollow">Starknet (STARK) Announced its Roadmap for the Next Period - Here are the Plans</a>
Zhimin arrived in the UK in September 2017 under the pseudonym Yadi Zhang. But in 2020, he fled the country just two days before he was due to be questioned by London police.
Zhimin was portrayed at the hearing as a “master of tricks” who deceived approximately 130,000 financially savvy and astute investors in China by creating ten investment vehicles managed through seven offices across China.
After the decision was made public, Detective Chief Inspector Jason Prins of London's Metropolitan Police said: “We have managed to disrupt a sophisticated economic crime operation that has revealed how international criminals are trying to misuse cryptocurrencies online.”
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/new-development-in-china-linked-6-billion-bitcoin-fraud-case/" rel="noopener noreferrer nofollow">New Development in China-Linked $6 Billion Bitcoin Fraud Case</a>

New Development in China-Linked $6 Billion Bitcoin Fraud Case

Bitcoin Sistemi EN

在 2024年3月20日發表的其他文章

Navigating the Crypto Market: Tips for Beginner Investors

ChainGPT AI NFT Saturday Spotlight Winners for 03.16.

Bitcoin Miners’ Alarm: Reserves Hit Historic Low, Signals Market Shakeup

Ripple Price Prediction: XRP is Poised for a 20% Surge Against Bitcoin If This Happens!

Tornado Cash Founder Charged For Allegedly Aiding $1.2 Billion In Laundered Funds

BitMEX Listing XRP for Spot Trading Amidst The Looming Deadline in Ripple Vs SEC Lawsuits

訂閱免費電子報，每天收取加密貨幣最新動態！