Bitcoin Details in the $5.6 Billion Fraud Operation The cou

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Bitcoin Details in the $5.6 Billion Fraud Operation The court in London sentenced a woman who laundered money with Bitcoin in a billion-dollar fraud case. Jian Wen, 42, who has UK and Chinese citizenship, was sentenced to six years, eight months in prison for laundering a total of 150 Bitcoins, worth $10.3 million at current prices. It was learned that these Bitcoins were linked to a larger fraud operation totaling $5.6 billion. Authorities seized 61 thousand Bitcoins in this operation. Wen claimed that he laundered these funds on behalf of a Chinese woman between 2017 and 2022 and that she was the one who perpetrated this fraud. Wen said he did not know the actual source of these funds.

Bitcoin Details in the $5.6 Billion Fraud Operation
The court in London sentenced a woman who laundered money with Bitcoin in a billion-dollar fraud case.
Jian Wen, 42, who has UK and Chinese citizenship, was sentenced to six years, eight months in prison for laundering a total of 150 Bitcoins, worth $10.3 million at current prices.
It was learned that these Bitcoins were linked to a larger fraud operation totaling $5.6 billion. Authorities seized 61 thousand Bitcoins in this operation.
Wen claimed that he laundered these funds on behalf of a Chinese woman between 2017 and 2022 and that she was the one who perpetrated this fraud. Wen said he did not know the actual source of these funds.