律动BlockBeats
律动BlockBeats|Jan 24, 2026 03:54
**[UK Orders "Professional Money Launderer" in Zhimin Qian Case to Pay $7.6 Million Fine]** BlockBeats News, January 24: The UK Crown Prosecution Service (CPS) has ordered Sen Hok Ling, one of the key "middlemen" in the Zhimin Qian Bitcoin fraud case, referred to as a "professional money launderer," to pay £5 million (approximately $7.6 million) to UK authorities within three months. Failure to comply will result in an additional prison sentence of up to eight years. The CPS stated that Ling assisted convicted fraudster Zhimin Qian (also known as Yadi Zhang) in transferring funds. Between February and April 2024, Ling received a total of 83.7 Bitcoins and cashed them out through UAE bank accounts and third-party channels. Ling pleaded guilty to one count of money laundering in November 2025 and was sentenced to 4 years and 11 months in prison. Zhimin Qian was sentenced to 11 years and 8 months for two counts of money laundering. Additionally, civil proceedings regarding the final disposition of 61,000 Bitcoins under Zhimin Qian's name (the largest crypto asset seizure in UK history) are still ongoing. In the future, the funds may be partially used to compensate victims, with the remainder potentially entering the UK Treasury.
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