London, Nov 11 (PTI) A 47-year-old Chinese woman was sentenced to 11 years and eight months of imprisonment by a UK court on Tuesday as the leader of a criminal gang behind the UK's largest-ever Bitcoin scam.

Zhimin Qian, aka Yadi Zhang, had pleaded guilty to two offences of possessing illegally obtained cryptocurrency and money laundering the over 60,000 Bitcoin seized by the Metropolitan Police following an extensive investigation.

Southwark Crown Court in London heard that the sheer scale of the seized Bitcoin, the lack of any legitimate evidence for how it was acquired and its connection to a massive investment fraud in China all indicated that it was criminal property.

“There is no doubt this is one of the largest and most complex economic crime investigations we have ever undertak

See Full Page