Key Notes

Zhimin Qian, linked to a massive investment scam in China, has pleaded guilty to money laundering charges in a UK court.

The case involves the seizure of 61,000 Bitcoin, now valued at over £5 billion, marking one of the largest crypto seizures in the world.

A new debate is emerging over whether the recovered funds will be returned to 128,000 victims or be retained by the UK government.

Zhimin Qian, the fugitive known as the “Goddess of Wealth,” has pleaded guilty to money laundering in a landmark case at London’s Southwark Crown Court. Qian was the central figure in a large-scale investment fraud that defrauded over 128,000 people in China between 2014 and 2017, converting the illicit gains into a massive stash of Bitcoin.

The conviction is the latest development in a long-r

See Full Page