UK Sentences Zhimin Qian for Crypto Laundering; Police Seize 61,000 BTC Linked to China’s Largest Ponzi Scheme
A London court has sentenced 47‑year‑old Zhimin Qian, also known as Yadi Zhang, to 11 years and 8 months in prison for laundering cryptocurrency tied to what investigators describe as China’s largest investment Ponzi scheme. The ruling caps a seven‑year, multi‑jurisdictional probe that culminated in the seizure of 61,000 BTC—the UK’s biggest crypto confiscation to … Read more