Chinese 'Cryptoqueen' Sentenced to 11 Years in UK for $6.6 Billion Bitcoin Fraud Scheme

Nov 12, 2025 05:16 pm CST

Zhimin Qian, dubbed the "cryptoqueen," has been sentenced to over 11 years in prison by a UK court for orchestrating a massive $6.6 billion Bitcoin fraud that affected more than 128,000 victims in China. This case involved the UK's largest cryptocurrency seizure of 61,000 Bitcoin as Qian lived extravagantly across Europe before her April 2024 arrest.