Cryptoqueen who fled China for London mansion jailed over £5bn Bitcoin stash

BBC News•Tuesday, November 11, 2025 at 3:44:10 PM

Qian Zhimin, known as the 'Cryptoqueen', has been sentenced to prison after being found guilty of using £5 billion in stolen funds to purchase Bitcoin. The money was taken from thousands of pensioners in China, highlighting a significant case of financial fraud. This incident underscores the vulnerabilities in cryptocurrency investments and the impact of such crimes on individuals and communities. Zhimin's actions have drawn attention to the need for stricter regulations in the cryptocurrency market to protect investors from similar scams.

— via World Pulse Now AI Editorial System

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