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Bitcoin Queen Sentenced to 11 Years for £600M Fraud

3/6/2026

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Story summary
  • Zhimin Qian, the "Bitcoin Queen," was sentenced to 11 years and eight months for a £600 million investment fraud affecting 128,000 victims in China.
  • After fleeing to the UK in 2017, she tried to buy high-value properties with illegally obtained cryptocurrency.
  • A breakthrough occurred after a Scottish property owner provided information on her whereabouts, leading to her arrest in York in April 2024 and a £5 billion cryptocurrency seizure.