Caixin: Qian Zhimin’s 10 billion Bitcoin money laundering case is scheduled to be tried on September 29, and there is no substantial progress in the civil path at present

Huobi HTX reported that according to a Caixin.com article, Southwark Crown Court will once again become the focus of attention of the Chinese and British legal circles and media. More details of Qian Zhimin’s 10 billion Bitcoin money laundering case will be further revealed in the trial that will begin at the end of this month. The thinking on cross-border money laundering, crypto asset recourse, and the judicial and regulatory game between China and foreign countries in the digital currency era will continue to deepen. The trial of Qian Zhimin in the London Southwark Crown Court, which is planned to begin on September 29, 2025, will be a milestone test and turning point in the supervision and governance of cross-border financial crimes in the digital currency era. As for the current public information, the British public prosecution agency, the Crown Prosecutor General, has very limited allegations of fraud against Qian Zhimin. There is no charge of fraud or money laundering charge. Another civil path, applying for overseas liquidation of Blue Sky Grey in the UK, has not made any substantial progress so far.