£5bn Bitcoin scam busted: Chinese national convicted in UK in largest cryptocurrency seizure; pleads guilty

Sep 30, 2025 - 13:00
£5bn Bitcoin scam busted: Chinese national convicted in UK in largest cryptocurrency seizure; pleads guilty

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Chinese national Zhimin Qian pleaded guilty to illegally acquiring and possessing over £5 billion in cryptocurrency. She led a large-scale scam, cheating 128,000 victims and storing stolen funds in Bitcoin. This culminated a seven-year probe into a global money laundering web, resulting in the UK's largest crypto seizure.

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