Suspects attempt to launder Bitcoin through assets
It failed because they couldn't explain its source. The Financial Times reported that British authorities seized 61,000 bitcoins worth approximately 1.4 billion pounds, or $1.78 billion, related to
They caught an investment scam in China. The mastermind behind the scam, Ximin Qian, converted part of the profits from a £5 billion investment scam carried out in China between 2014 and 2017 into the top digital currency to seamlessly transfer funds out of the Asian country.
to facilitate
Kian, now identified as Yadi Zhang with a St Kitts and Nevis passport, moved to the UK in 2017. However, prosecutors said he has since left the country
He escaped and is still at large.
When Zhang asked Jian Wen for money laundering
The authorities discovered these fraudulent activities and in
Finally when trying to buy a £23.5 million mansion
In London, they attracted attention, this led to a police raid
to their £17,000-a-month rental flat which, as a result
Multiple digital wallets containing 61,000 Bitcoins
