According to TechFlow news on October 21, and reported by Bloomberg, Qian Zhimin (also known as Zhang Yadi), the main suspect in a money laundering case involving 60,000 bitcoins in London, pleaded not guilty to all money laundering charges in a London court.
Qian Zhimin was arrested in April this year and charged by the UK’s Crown Prosecution Service with two counts of money laundering. He is also involved in an illegal fundraising case in Tianjin, China, amounting to 43 billion RMB.
A man named Seng Hok Ling, who was also prosecuted alongside Qian Zhimin, similarly pleaded not guilty to a charge of participating in money laundering arrangements while knowing or suspecting that the property involved was criminal. The trial is set to begin on September 29, 2025, at Southwark Crown Court in London.