In London, judicial authorities have confirmed the arrest of Chinese citizen Zhimin Qian (also known as Yadi Zhang), who pleaded guilty to cryptocurrency transactions linked to large-scale fraud.
According to British investigators, Qian ran a financial scheme in China between 2014 and 2017, involving approximately 128,000 victims. She converted the money she received into bitcoins and attempted to launder it through transactions in the UK.
During a search of a house in north London, 61,000 bitcoins were seized, which at the time of the investigation were valued at over £5 billion. This seizure is considered one of the largest in the history of crypto crimes.
Qian pleaded guilty to charges related to the illegal possession, acquisition, and laundering of crypto assets. Her extradition and final sentence are expected later.
This case is significant not only for British law enforcement in the field of cryptocurrencies, but also for global law enforcement cooperation in combating transnational money laundering schemes involving digital assets.
