A Chinese woman condemned in the UK after the world’s largest bits of Bitcoin

A Chinese citizen has been condemned after an international fraud investigation, which has led to what is believed to be the largest seizure of cryptocurrency in the world.

Sofia Police say it has recovered 61,000 bitcoin worth over $ 5 billion in British pounds ($ 6.7 billion) at current prices.

Jimin Cyan, also known as Yadi Gian, pleaded guilty on Monday at Crown Crown court for illegal acquisition and possession of cryptocurrency.

Between 2014 and 2017, it runs a large -scale fraud in China, which included infidelity over 128,000 casualties and stored stolen funds in Bitcoin assets, Met said in a statementS

It states that the guilty legal basis of the 47-year-old youth followed a seven-year probe into a global money laundering network, which began when he received a cancellation for the transfer of criminal assets.

Qian has been “avoiding justice” for five years until its arrest, which required a complex investigation involving multiple jurisdictions, said Detective Sergeant Isabella Groto, who is leading the Met investigation.

She escaped from China, using false documents and enrolled in the UK, where she tried to drink the stolen money by buying a property, Met said.

“Having guilty today, Da -Jan hopes to bring the comfort of investors who have been waiting for 2017 for compensation, and to assure them that the significant increase in cryptocurrency means that there is more than sufficient funds for their losses,” said Qian Roger’s lawyer,

But some reports suggest that the UK government will seek to maintain the seized funds.

The BBC addressed the Ministry of Finance and the Internal Response Office.

Reforms in Crime Legislation under the previous conservative government aims to facilitate the UK authorities To take advantage, freeze and restore crypto assetsS

Changes would also allow some victims to apply for the release of their assets held in accounts.

Qian had the help of a Chinese worker named Jian Ven, who had been imprisoned for six years and eight months last year for his participation in the criminal operation.

The 44-year-old Wen drank the fraud receipts and moved out of life over a restaurant at Multiplem House in North London, The Crown Prosecutor’s Office said (CPS) earlier this year.

She also bought two properties in Dubai worth over 500,000 British pounds, CPS said.

Met said he had conquered bitcoins worth over £ 300 million from Ven.

Chinese media output LiveWeek In 2024, it was reported that investors, mainly 50 and 75 years old, had poured “hundreds of thousands to tens of millions of Yuan in investment promoted by Qian.

Some victims have been reported – including businessmen, banking employees and members of the judiciary – have been called to invest with the Qian scheme by friends and family.

Investors were reported to know a little about Qian, who was described as the “goddess of wealth”.

“Bitcoin and other cryptocurrencies are increasingly used by organized criminals to conceal and transfer assets, so fraudsters can benefit from the benefits of their criminal behavior,” said the deputy coward prosecutor Robin Wyel.

“This case, which includes the largest cryptocurrency seizure in the UK, illustrates the scale of criminal proceeds available to these fraudsters.”

The Monday association marks the “culmination of years of specialized investigation”, which includes police and Chinese law enforcement teams, said Will Lin, the head of the Met of Economic and Cybercrime Command.

Qian is held in custody before the sentence that will take place after a trial Including others related to the case. The date of her sentence has not yet been determined.

The BBC contacted the Chinese Embassy in the UK for comment.

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