Top

Qian Zhimin's 60,000 BTC case trial expected to begin after October

July 13, 2026, 11:41 AM
The trial on the merits and evidence examination for Qian Zhimin's 60,000 BTC case is expected to begin after October of this year, local media outlet Caixin reported. The court plans to focus on several key areas: - The process of transferring and converting the funds - The demonstrable link to the Bitcoin (BTC) seized in the UK - The specific property relationship between the BTC involved in the case Previously, Qian was sentenced to over 11 years in prison by a UK court for laundering the proceeds of a Ponzi scheme in China that defrauded approximately 130,000 people. The laundered funds were converted into Bitcoin worth more than 9 trillion won (approximately $6.5 billion).

Leave the first comment

You need to log in to leave a comment.
Log In
Loading