Golden Finance reported that on April 24, 2024, local time in the UK, Qian Zhimin appeared in the Westminster Magistrates' Court for the first time as Yadi Zhang. She was accused of obtaining, using or possessing cryptocurrency as criminal property in London and other places in the UK from October 1, 2017 to Tuesday this week. Currently, Qian Zhimin is charged with two counts of illegal possession of cryptocurrency. Qian Zhimin was the main culprit in the Lantian Ge Rui illegal absorption of public deposits case investigated by the Chinese police in 2017. The funds involved amounted to 43 billion yuan, and 126,000 Chinese investors were involved. After the incident, Qian Zhimin fled abroad with the help of a fake passport and held a huge amount of Bitcoin abroad. The Financial Times reported that Qian Zhimin denied the charges of the British Crown Prosecution Service. She said she would not plead guilty or apply for bail.