All articles tagged with #cryptocurrency seizure
A Chinese woman known as 'cryptoqueen' was sentenced to over 11 years in the UK for running a $6.6 billion Bitcoin Ponzi scheme that defrauded over 128,000 people, with authorities seizing 61,000 Bitcoin in the largest cryptocurrency seizure in the UK.
A Chinese woman, Zhimin Qian, was sentenced to over 11 years in the UK for running a Ponzi scheme that defrauded over 128,000 people in China, amassing 5 billion pounds in Bitcoin, and living an extravagant lifestyle in Europe. Authorities recovered 61,000 Bitcoin in the largest cryptocurrency seizure in the UK, and she was convicted of money laundering and criminal property transfer.