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Qian Zhimin, the main culprit in a money laundering case involving 60,000 bitcoins, faces up to 14 years in prison.

2025-11-11 12:09

Odaily Planet Daily reports that Qian Zhimin, the businesswoman who fled to the UK with nearly 50 billion yuan worth of Bitcoin and pleaded guilty in the UK's "largest Bitcoin money laundering case," will be sentenced on Tuesday (11th). She faces a maximum sentence of 14 years in prison. Qian Zhimin's defense lawyer, Richard Thomas, stated that his client had no prior criminal record and had behaved well in custody. At the sentencing hearing, Richard said that Qian Zhimin diligently studied English in prison, "and even wrote poetry." (Red Star News)