China illegally raised over 40 billion yuan and exchanged it for 61000 bitcoins to escape to the UK. Qian Zhimin pleaded guilty in court

The Qian Zhimin case proves that the traceability brought by blockchain technology has made the transfer and hiding of large illegal assets more difficult. No matter how flashy the scam is packaged, the essence of its Ponzi scheme will not change. Investors must remain rational and optimistic about their wallets.

The British police have found a device that stores Bitcoin keys, such as a portable hard drive, which is much more secretive than bank deposits. Once funds flow into Bitcoin, they are basically untraceable unless the key is found

Do you think everything will be okay when you run to England? More than 60000 bitcoins have still been recovered! Praise the judicial cooperation between China and the UK, so that these economic criminals have nowhere to escape!

做自己喜欢的事就是幸福 发表于 2025-9-30 23:42
Do you think everything will be okay when you run to England? More than 60000 bitcoins have still be ...

Back then, this case was because she had poor English and found a Chinese woman with white gloves in the UK to help her cash out. This woman has never seen so much money before. She was caught by the British police for spending recklessly. Later on, I discovered this Bitcoin account. The economically struggling UK was so sleepy that even a pillow made me laugh out of my dreams!

火车炮弹射程之内没有真理 发表于 2025-9-30 23:43
Back then, this case was because she had poor English and found a Chinese woman with white gloves  ...

It's difficult to recover. Bitcoin can be stored on a USB flash drive, and if she doesn't explain where it's stored, it can't be recovered at all. Compared to being imprisoned for decades abroad, no one will voluntarily confess. Even if it is found, the UK may not necessarily return the billions

Chinese police officers going to the UK to testify and victims appearing in court via video can be considered as setting a precedent for cross-border cooperation in fugitive pursuit

The two most risky things in the world are drug manufacturing and trafficking in our country, tax evasion in the United States, and vice versa. Upon careful analysis, it can be seen that the US tax system is extremely strict. Anyone who earns money from Americans (or through Americans) must pay taxes, and Americans must also pay taxes on the money they earn worldwide. Therefore, in terms of increasing public and private financial supervision and tax collection, we really need to learn from the US. The world is bustling with profits, and if transferring property or immigration leads to increased costs and no profits, naturally no one is willing to do it!!

Do you think you can get away with money laundering with Bitcoin? This case has sounded the alarm for anyone who wants to exploit the loopholes in virtual currencies: blockchain is not a criminal tool!

According to reports, in May 2021, the police seized and frozen 61000 bitcoins from Qian Zhimin's device, which is the largest ever in the UK and one of the largest cryptocurrencies seized by law enforcement agencies worldwide. |It should have been frozen by the British police. It's hard to say whether the money can go to China. Anyway, Qian Zhimin's illegal fundraising of over 40 billion yuan in China shows that Chinese people really have money. These investors want high interest rates, and Qian Zhimin wants your principal! There's no shame, I'm willing to not get the money!