Chinese Fraudster Convicted in UK's Largest Bitcoin Money Laundering Case: $6.7 Billion Cryptocurrency Scheme Exposed

Sep 30, 2025 01:57 pm CST

Zhimin Qian, a 47-year-old Chinese national, has been convicted in London for orchestrating a massive cryptocurrency fraud worth $6.7 billion. After defrauding over 128,000 investors in China between 2014-2017, she converted the stolen funds into 61,000 bitcoins to hide their origins. Following a seven-year international investigation, authorities have finally brought the so-called "goddess of wealth" to justice, marking one of history's largest cryptocurrency-related criminal cases.