Qian Zhimin, the main culprit of the 60,000 Bitcoin money laundering case, will be tried in London on September 29, and domestic victims may need to protect their rights themselves.
Source: BlockBeats
Time: 2025-09-15 17:03:09
According to BlockBeats, on September 15, according to Caixin, Qian Zhimin, the main culprit of the 60,000 Bitcoin money laundering case, will be heard at the Southwark Criminal Court in London on September 29, 2025. The disclosure said that for Chinese victims, in the civil recovery process for criminal proceeds in the UK, they need to "protect their rights by themselves." This case involves cross-border money laundering and crypto asset recovery, and is regarded as a milestone test in the digital currency era for the supervision and governance of cross-border financial crimes. Qian Zhimin was accused of illegally raising approximately RMB 43 billion through Tianjin Lantian Gerui Electronic Technology Co., Ltd. between 2014 and 2017 with Ponzi scheme "investment and financial management" products, with 130,000 victims. This case is not only one of the landmark events in the history of illegal fundraising in China, but also the largest cryptocurrency money laundering case in the history of British judicial system.