Qian Zhimin, the main suspect in a money laundering case involving 60,000 Bitcoins, purchased the cryptocurrency at an average price of 2,815 yuan each. By the time of her sentencing in the UK, Bitcoin's value had surged 266 times to 750,000 yuan per coin. Despite the significant asset appreciation, the UK has yet to make progress in returning or sharing the frozen assets with Chinese authorities. The Hedong Branch of the Tianjin Public Security Bureau is actively collaborating with UK law enforcement to recover stolen assets and pursue fugitives linked to the Lantian Gree case. A UK High Court hearing is scheduled for November 17, 2025, to address the disposal of the 60,000 Bitcoins, as efforts continue to recover losses for those affected by the fundraising scheme.
UK High Court to Hear Case on 60,000 Bitcoin Money Laundering
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