Find notable cyber news and cases, enriched with sources, timelines, and signals.
Home Browse News Feed Stats Watchlists Beta About Contact

Zhimin Qian guilty plea in UK Bitcoin fraud seizure case

Law Enforcement
First reported
Last updated
Happening score
H score 19
1 unique sources, 1 articles

Summary

Hide ▲

Zhimin Qian (Yadi Zhang) pleaded guilty at Southwark Crown Court in a Bitcoin fraud case tied to the Metropolitan Police seizure of 61,000 Bitcoin. Police say the haul is worth more than £5.5 billion, making it the world's largest cryptocurrency seizure. The scheme allegedly defrauded 128,000+ victims in China and led to a cross-border investigation with Chinese law enforcement.

Related Happenings

Dubai Police international crypto scam-center crackdown

Law Enforcement
First: 30.04.2026 14:21 Last: 30.04.2026 14:21 Sources 1

About this happening: Authorities **arrested at least 276 suspects** and **shut down nine cryptocurrency investment fraud centers**, disrupting a cross-border fraud network tied to **pig-butchering sch...

Open Happening

Tyler Robert Buchanan guilty plea in Scattered Spider crypto-theft case

Law Enforcement
First: 20.04.2026 16:33 Last: 20.04.2026 16:33 Sources 1

About this happening: **Tyler Robert Buchanan** **pleaded guilty** in the **United States** in a **Scattered Spider** cybercrime case, increasing his criminal exposure for **wire fraud** and **aggravat...

Open Happening

Derrick Van Yeboah guilty plea in romance-fraud and BEC wire case

Law Enforcement
First: 09.03.2026 12:00 Last: 09.03.2026 12:00 Sources 1

About this happening: **Derrick Van Yeboah** pleaded guilty to **conspiracy to commit wire fraud** in a case tied to **romance fraud** and **business email compromise (BEC)**. The plea deepens criminal...

Open Happening

Daren Li sentencing in California federal court for pig butchering scam

Law Enforcement
First: 10.02.2026 10:17 Last: 10.02.2026 10:17 Sources 1

About this happening: **Daren Li** was **sentenced in absentia** to **20 years in prison** for helping run a **pig butchering** cryptocurrency investment scam that stole **more than $73 million**. The...

Open Happening

Raheim Hamilton pleads guilty in Empire Market drug conspiracy case

Law Enforcement
First: 28.01.2026 19:19 Last: 28.01.2026 19:19 Sources 1

About this happening: **Raheim Hamilton** pleaded guilty to **federal drug conspiracy** charges for helping run **Empire Market**, a **TOR-hidden** dark web marketplace that moved **$430 million** in i...

Open Happening

Timeline

  1. 30.09.2025 01:16 2 articles · 7mo ago

    Zhimin Qian pleads guilty in UK Bitcoin laundering case

    Legal Policy Action Update

    Zhimin Qian, also known as Yadi Zhang, pleaded guilty at Southwark Crown Court to acquiring and possessing criminal property under the Proceeds of Crime Act after the Metropolitan Police investigation into a multibillion-pound fraudulent Bitcoin scheme that allegedly defrauded more than 128,000 victims in China and led to the seizure of 61,000 Bitcoin.

    Show sources
    Open in new tab