Largest Cryptocurrency Seizure in UK: Bitcoin Queen Convicted

First reported

30.09.2025 01:16

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The Metropolitan Police secured a conviction in the world's largest cryptocurrency seizure, valued at over £5.5 billion ($7.3 billion). Zhimin Qian, known as the "Bitcoin Queen," pleaded guilty to a multibillion-pound fraudulent Bitcoin scheme that defrauded over 128,000 victims in China between 2014 and 2017. Qian's scheme promised high returns on investments, raising 40 billion yuan from investors. She converted the proceeds into Bitcoin and fled to the UK, where she attempted to launder the funds through property purchases. The Met's Economic Crime teams, with international cooperation, seized 61,000 Bitcoin, making it the largest single crypto seizure in history.

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30.09.2025 01:16 1 articles · 6h ago

Largest Cryptocurrency Seizure in UK: Bitcoin Queen Convicted
The Metropolitan Police secured a conviction in the world's largest cryptocurrency seizure, valued at over £5.5 billion ($7.3 billion). Zhimin Qian, known as the "Bitcoin Queen," pleaded guilty to a multibillion-pound fraudulent Bitcoin scheme that defrauded over 128,000 victims in China between 2014 and 2017. Qian's scheme promised high returns on investments, raising 40 billion yuan from investors. She converted the proceeds into Bitcoin and fled to the UK, where she attempted to launder the funds through property purchases. The Met's Economic Crime teams, with international cooperation, seized 61,000 Bitcoin, making it the largest single crypto seizure in history.
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UK convicts "Bitcoin Queen" in world’s largest cryptocurrency seizure — www.bleepingcomputer.com — 30.09.2025 01:16
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Zhimin Qian, known as the "Bitcoin Queen," was convicted for a fraudulent Bitcoin scheme that defrauded over 128,000 victims in China.
First reported: 30.09.2025 01:16

1 source, 1 article
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- UK convicts "Bitcoin Queen" in world’s largest cryptocurrency seizure — www.bleepingcomputer.com — 30.09.2025 01:16
The scheme operated between 2014 and 2017, raising 40 billion yuan from investors.
First reported: 30.09.2025 01:16

1 source, 1 article
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- UK convicts "Bitcoin Queen" in world’s largest cryptocurrency seizure — www.bleepingcomputer.com — 30.09.2025 01:16
Qian converted the proceeds into Bitcoin and fled to the UK, where she attempted to launder the funds through property purchases.
First reported: 30.09.2025 01:16

1 source, 1 article
Show sources
- UK convicts "Bitcoin Queen" in world’s largest cryptocurrency seizure — www.bleepingcomputer.com — 30.09.2025 01:16
The Metropolitan Police seized 61,000 Bitcoin, valued at over £5.5 billion ($7.3 billion), making it the largest single crypto seizure in history.
First reported: 30.09.2025 01:16

1 source, 1 article
Show sources
- UK convicts "Bitcoin Queen" in world’s largest cryptocurrency seizure — www.bleepingcomputer.com — 30.09.2025 01:16
The investigation involved cooperation with Chinese law enforcement and required evidence from multiple jurisdictions.
First reported: 30.09.2025 01:16

1 source, 1 article
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- UK convicts "Bitcoin Queen" in world’s largest cryptocurrency seizure — www.bleepingcomputer.com — 30.09.2025 01:16
Qian's associate, Jian Wen, was sentenced to six years and eight months in prison for her role in the scheme.
First reported: 30.09.2025 01:16

1 source, 1 article
Show sources
- UK convicts "Bitcoin Queen" in world’s largest cryptocurrency seizure — www.bleepingcomputer.com — 30.09.2025 01:16