Jian Wen, a British-Chinese woman, has been sentenced to six years and eight months in prison for her role in laundering Bitcoin proceeds from a $6 billion investment scam in China. Wen, aged 42, was found guilty in March of laundering Bitcoin on behalf of her former boss, Yadi Zhang, whose real name is Zhimin Qian. Qian is alleged to have defrauded around 130,000 investors in China, amassing a whopping $5 billion through an investment scam. In 2018, UK police seized over $2.2 billion worth of bitcoin related to the alleged fraud.
Source: Chayanika Deka, 2024-06-02; https://cryptopotato.com/british-chinese-woman-sentenced-to-6-years-for-laundering-bitcoin-in-6b-scam/