TechFlow news, November 12 — According to Caixin, Qian Zhimin, the main perpetrator in the "60,000 Bitcoin money laundering case," has been sentenced to 11 years and 8 months in the UK.
Her Honour Judge Sally-Ann Hales KC stated during sentencing: "Qian Zhimin, you were from beginning to end the architect and leader of this criminal operation. The scale of the money laundering you committed is unprecedented. Your motive was purely greed. You fled China with the stolen investment funds and lived an extravagantly luxurious life for a period of time. You have repeatedly lied and schemed, acting solely in your own interest. You bought loyalty, recruited accomplices, and successfully evaded justice for over seven years. Had you not pleaded guilty, your total sentence would have been 13 years. After considering the reduction for a guilty plea (10% discount), you are sentenced to 11 years and 8 months."
During the sentencing, Qian Zhimin covered her face and wept several times.
