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Bitcoin Money Launderer Jailed for Role in $6B Fraud

1 min read
Source: Bitcoinist
Bitcoin Money Launderer Jailed for Role in $6B Fraud
Photo: Bitcoinist
TL;DR

Jian Wen, a British-Chinese woman, has been sentenced to six years and eight months in prison for laundering Bitcoin linked to a £5 billion fraud in China. The Metropolitan Police seized 61,000 Bitcoin worth over £3 billion during a raid on Wen's London mansion. Wen was convicted of laundering funds for her former boss, Yadi Zhang, but was not implicated in the original fraud. The UK and Chinese authorities are collaborating to recover the stolen assets.

Topics:businesscrime#bitcoin#crime#cryptocurrency#fraud#money-laundering#uk-china-relations
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  1. Bitcoin Money Launderer Sentenced To 6 Years Behind Bars In $6B Scam | Bitcoinist.com  Bitcoinist
  2. Chinese takeaway worker Jian Wen jailed for money laundering after £3bn Bitcoin seizure  Sky News
  3. British-Chinese Money Launder Sentenced to 6 Years in Prison for Role in $6B Fraud: FT  CoinDesk
  4. Woman jailed for laundering bitcoin in UK from $6.4 billion China fraud  AOL
  5. Woman jailed for laundering $10 million in BTC tied to $5.6 billion fraud  The Block

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