Qian Zhimin, known as the 'Chinese Bitcoin Queen', has been sentenced to 11 years and 8 months in the UK for money laundering. She orchestrated a Ponzi scheme through her company, Lantian Gerei, in Tianjin, promising high returns from Bitcoin mining and high-tech investments. The scheme defrauded approximately 128,000 investors of 40 billion yuan, equivalent to $6 billion in Bitcoin. After the scheme was uncovered in 2017, Qian fled to the UK via Southeast Asia using a fake passport. She lived in luxury and attempted to launder money through property purchases. Authorities eventually apprehended her through surveillance, with the court identifying greed as her primary motive.