US EditionWoman jailed for laundering bitcoin in UK from $6.4 billion China fraud
- A former Chinese takeaway worker has been sentenced to more than six years in jail for money laundering, involving over £3bn worth of Bitcoin.
- Jian Wen, 42, was flagged by police due to attempts to purchase high-value London properties, leading to the discovery of £1.4bn cryptocurrency now valued over £3bn.
- Wen, not involved in the fraud, was convicted of money laundering linked to 150 Bitcoin, now valued at nearly £8m, following a retrial at Southwark Crown Court.
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Woman jailed for laundering bitcoin in UK from £5b China fraud
LONDON, May 24 — A woman accused of converting bitcoin into cash and property to help hide the proceeds of a £5 billion (RM30 billion) fraud was jailed for nearly seven years today for money laundering after a trial in a London court. Prosecutors said Wen Jian helped hide the source of money allegedly stolen from nearly 130,000 Chinese investors in fraudulent wealth schemes between 2014 and 2017. She was not alleged to have been involved in the …
·Selangor, Malaysia
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Woman jailed for laundering bitcoin in UK from $6.4 billion China fraud
A woman accused of converting bitcoin into cash and property to help hide the proceeds of a 5 billion pound ($6.4 billion) fraud was jailed for nearly seven years on Friday for money laundering after a trial in a London court.
·United Kingdom
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