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Originally published by Capital Business
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business
November 11, 2025
3h ago

Cryptoqueen who fled China for London mansion to be sentenced over £5bn Bitcoin stash

Cryptoqueen who fled China for London mansion to be sentenced over £5bn Bitcoin stash

NOV 11 - A woman, said by police to have bought cryptocurrency now worth billions of pounds using funds stolen from thousands of Chinese pensioners, is Kenya breaking news | Kenya news today |..

✨ Key Highlights

A Chinese "Cryptoqueen," Qian Zhimin, is facing sentencing in the UK for money laundering after allegedly embezzling funds from thousands of Chinese pensioners, totaling over £5 billion. She fled China and lived in a Hampstead mansion before police seized a massive stash of Bitcoin. Victims hope to recover some of their investments from the seized assets.

  • Total alleged fraud amount: More than 40 billion yuan ($5.6 billion, £4.2 billion) in investor deposits.
  • Key figure: Qian Zhimin, leader of the scam company, Lantian Gerui (Bluesky Greet).
  • Seized assets: Tens of thousands of Bitcoin, believed to be the single largest cryptocurrency seizure in UK history.

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