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02:26
China cryptoqueen jailed for more than 11 years by UK court over US$6.4 billion bitcoin fraud
Qian Zhimin defrauded 128,000 investors in China from 2014 to 2017 in fraud case that also led to conviction of Malaysian Seng Hok Ling.
For more on this story: https://sc.mp/153327
A Chinese woman described as a “super villain” who orchestrated a multibillion-dollar investment fraud to buy bitcoin was sentenced to 11 years and 8 months in jail by a London judge. While investigating Qian Zhimin, British police found digital wallets holding more than 61,000 bitcoin, in what is believed to be the world’s single-largest cryptocurrency seizure.
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