đ¨ Big News on Bitcoin! đ¨
Jian Wen from London, originally from China, is in hot water for not paying taxes on Bitcoin worth $2.5 billion. Wen, who moved to North London, ran into trouble while trying to purchase high-end properties in London in 2017. She then shifted her focus, buying expensive jewelry in Zurich and luxury homes in Dubai in 2019. After a detailed investigation by the Metropolitan Police, they seized Bitcoins initially worth $2.52 billion, which are now valued at about $4.28 billion. This is the biggest Bitcoin seizure ever in the UK. The Crown Prosecution Service has successfully frozen these assets with a court order, paving the way for possible confiscation. Inspector Jason Prins highlighted the significance of this five-year investigation, showcasing their dedication to cracking down on illegal profits, no matter how complicated the cases might be.
