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Hospitality worker jailed for $2.5B Bitcoin laundering scheme
29.5.2024
The authority’s suspicion was based on Wen's change in lifestyle. In 2017, she reportedly moved to a six-bedroom mansion in North London
UK Sentences Woman to Prison for Laundering Bitcoin After Police Seize 61K BTC
25.5.2024
A woman has been sentenced to nearly seven years in prison for laundering bitcoin tied to a £5 billion fraud in China. Authorities seized over 61,000 bitcoin during their investigation, now worth over $4 billion. The woman denied all charges, claiming she was manipulated by...
UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud
25.5.2024
The Southwark Crown Court in London, UK, sentenced a woman to jail for money laundering bitcoin tied to a billion-dollar investment fraud.
The post UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud appeared first on Cryptonews
UK Prosecutors Challenge Defendant’s Claim of Innocence in $6.3 Billion Bitcoin Laundering Case
20.2.2024
UK prosecutors are challenging the claims of a British-Chinese national who says she had “no idea” she was part of a $6.3 billion Bitcoin money laundering plot. The 42-year-old dual national Jian Wen has pled not guilty to three counts of money laundering on behalf of her former...
Bitcoin Worth $1.7B Seized As Ex-Restaurant Worker Tries To Buy $30M London Mansion with Fraud Money
31.1.2024
Authorities in the United Kingdom have seized Bitcoin valued at over £1.4 billion as a result of a fraud investigation into a former Chinese takeaway worker, Jian Wen, who allegedly attempted to buy a £23.5 million mansion in Hampstead. According to a Sky News report, the police seized over 61,000...
Woman Accused of Laundering Bitcoins for Chinese Fraudster Goes on Trial in the UK
31.1.2024
A British citizen recently went on trial in the U.K. for laundering bitcoins on behalf of a fugitive Chinese fraudster, Yadi Zhang. Prosecutors insist that Jian Wen was aware that Zhang’s bitcoins were acquired using stolen funds. However, Wen defended her actions and said she thought Zhang...