A Chinese national has been convicted for her role in a fraudulent cryptocurrency scheme after law enforcement authorities in the U.K. confiscated £5.5 billion (about $7.39 billion) during a raid of her home in London.

The cryptocurrency seizure, amounting to 61,000 Bitcoin, is believed to be the single largest such effort in the world, the Metropolitan Police said.

Zhimin Qian (aka Yadi Zhang), 47, pleaded guilty at Southwark Crown Court on Monday to offenses related to acquiring and possessing criminal property (i.e., cryptocurrency). She is expected to be sentenced at a later date.

The Met Police said the seizure was the result of a probe launched in 2018 after it received a tip-off about the transfer of criminal assets, with the agency accusing Zhang of orchestrating a large-scale f

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