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Home » Woman Pleads Guilty to $7 Billion Bitcoin Fraud Scheme in UK
Crypto & Web3

Woman Pleads Guilty to $7 Billion Bitcoin Fraud Scheme in UK

EditorBy EditorSeptember 30, 2025No Comments2 Mins Read
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In brief Zhimin Qian pleaded guilty to criminal acquiring and possessing criminal property and awaits sentencing. She defrauded 128,000 Chinese individuals, ultimately turning illegally obtained funds into Bitcoin. That Bitcoin was seized between 2018-2021 and is now valued around $7 billion. Chinese national Zhimin Qian pleaded guilty to acquiring and possessing criminal property of 61,000...

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