Jian Wen, 42, caught police attention when she attempted to purchase some of London's priciest properties, including a £23.5m seven-bedroom Hampstead mansion with a pool and a nearby £12.5m home with a cinema and gym.
The investigation led to the UK's largest-ever cryptocurrency seizure, uncovering over 61,000 Bitcoin in digital wallets. Initially valued at £1.4bn, the cryptocurrency's worth has now exceeded £3bn, with 23,308 Bitcoin, now valued at over £1bn, still linked to the probe.
The Bitcoin allegedly originated from a £5bn investment scam in China between 2014 and 2017. While Wen was not involved in the fraud, she acted as a "front person" to mask the money's origins, using it to buy cryptocurrency and smuggle it out of China on laptops.
She was found guilty of one count of money laundering, involving 150 Bitcoin now worth nearly £8m, between October 2017 and January 2022, following a retrial at Southwark Crown Court. Today, Wen was sentenced to six years and eight months by Judge Sally-Ann Hales KC, who remarked, "I am in no doubt you came to enjoy the better things in life. The evidence showed you and, to some extent, your family were generously rewarded for your service."
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