The mastermind of a 60,000 BTC money laundering case, Qian Zhimin, has been sentenced to 11 years and 8 months in prison

By: theblockbeats.news|2025/11/11 15:45:52
0
Share
copy

BlockBeats News, November 11th, according to Decrypt's report, the mastermind of a 60,000 BTC money laundering case, Qian Zhimin, was sentenced to 11 years and 8 months in prison on Tuesday at Southwark Crown Court in the UK.

Qian Zhimin also went by the name "Zhang Yadi." She admitted in September to fraud and money laundering charges related to her company, Blue Sky Grid. The company promised wealth through high-tech health products and cryptocurrency mining projects.

Also on trial with her was her Malaysian accomplice, Seng Hok Ling, who served as her intermediary and financial agent in the case, and was sentenced to 4 years and 11 months in prison.

-- Price

--

You may also like

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

Can Open USD support Stripe's ambitions?

Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."

Blockchain Capital Partner: AI is rewriting the fundamental unit of labor

The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.

The cryptocurrency industry has become a traditional industry

For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.

Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon

Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com