Bitcoin Money Launderer Jailed for Role in $6B Fraud

1 min read
Source: Bitcoinist
Bitcoin Money Launderer Jailed for Role in $6B Fraud
Photo: Bitcoinist
TL;DR Summary

Jian Wen, a British-Chinese woman, has been sentenced to six years and eight months in prison for laundering Bitcoin linked to a £5 billion fraud in China. The Metropolitan Police seized 61,000 Bitcoin worth over £3 billion during a raid on Wen's London mansion. Wen was convicted of laundering funds for her former boss, Yadi Zhang, but was not implicated in the original fraud. The UK and Chinese authorities are collaborating to recover the stolen assets.

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