Qian Zhimin, the main accused in a 60,000 BTC money laundering case, will stand trial at Southwark Crown Court in London. This case marks a significant moment in Sino-British judicial cooperation and the management of cryptocurrency-related crimes. Chinese investigators are set to testify in person, while victims will provide testimony via video link from Tianjin.
The trial, expected to last 12 weeks and conclude before Christmas, involves allegations against Qian for orchestrating a Ponzi scheme through Tianjin Lantian Gear Electronic Technology Co., Ltd. The scheme reportedly raised approximately 43 billion RMB illegally between 2014 and 2017, impacting 130,000 victims. This trial is considered a milestone in the regulation of cross-border financial crimes in the digital currency era.
Qian Zhimin to Face Trial in London for 60,000 BTC Money Laundering
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