The post Qian Zhimin Faces Trial for UK’s Largest Bitcoin Laundering Case appeared on BitcoinEthereumNews.com. Key Points: Qian Zhimin trial tests cross-border crypto asset enforcement. Involves $6B laundering and Ponzi scheme activities. Chinese and UK authorities engage in judicial cooperation. Qian Zhimin, key suspect in the UK’s largest Bitcoin money laundering case, began her trial on September 29, 2025, at Southwark Crown Court in London. The trial represents a pivotal moment for international cooperation in digital asset law enforcement, highlighting challenges in asset recovery and coordination across jurisdictions. $6B Fraud Case Highlights Cross-Border Crypto Regulation Qian Zhimin, known by aliases Yadi Zhang and Huahua, is central to ongoing legal discussions in London and China. The focus rests on alleged RMB 43 billion fraud and laundering operations. The trial involves testimonies from Chinese officials and video-linked victim statements. This underscores demands for robust legal measures. “The investigation into Qian Zhimin underscores the need for international cooperation in addressing cryptocurrency-related offenses, emphasizing the legal complexities and the global impacts of such crimes.” Bitcoin Market Impact Amid Ongoing Trial Did you know? The Qian Zhimin case underscores global enforcement in crypto crimes, comparable to the landmark PlusToken scandal, indicating intensified regulation efforts across major jurisdictions. Bitcoin (BTC) trades at $112,136.45, with a market cap of $2.23 trillion. Dominating 57.81% of the crypto market, and recently noted a 2.34% 24-hour price rise, based on CoinMarketCap data. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 23:24 UTC on September 28, 2025. Source: CoinMarketCap Coincu research team suggests increased regulatory scrutiny following Qian Zhimin’s trial could encourage enhanced compliance protocols for international crypto trade and security frameworks. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. Source: https://coincu.com/scam-alert/qian-zhimin-bitcoin-laundering-trial/The post Qian Zhimin Faces Trial for UK’s Largest Bitcoin Laundering Case appeared on BitcoinEthereumNews.com. Key Points: Qian Zhimin trial tests cross-border crypto asset enforcement. Involves $6B laundering and Ponzi scheme activities. Chinese and UK authorities engage in judicial cooperation. Qian Zhimin, key suspect in the UK’s largest Bitcoin money laundering case, began her trial on September 29, 2025, at Southwark Crown Court in London. The trial represents a pivotal moment for international cooperation in digital asset law enforcement, highlighting challenges in asset recovery and coordination across jurisdictions. $6B Fraud Case Highlights Cross-Border Crypto Regulation Qian Zhimin, known by aliases Yadi Zhang and Huahua, is central to ongoing legal discussions in London and China. The focus rests on alleged RMB 43 billion fraud and laundering operations. The trial involves testimonies from Chinese officials and video-linked victim statements. This underscores demands for robust legal measures. “The investigation into Qian Zhimin underscores the need for international cooperation in addressing cryptocurrency-related offenses, emphasizing the legal complexities and the global impacts of such crimes.” Bitcoin Market Impact Amid Ongoing Trial Did you know? The Qian Zhimin case underscores global enforcement in crypto crimes, comparable to the landmark PlusToken scandal, indicating intensified regulation efforts across major jurisdictions. Bitcoin (BTC) trades at $112,136.45, with a market cap of $2.23 trillion. Dominating 57.81% of the crypto market, and recently noted a 2.34% 24-hour price rise, based on CoinMarketCap data. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 23:24 UTC on September 28, 2025. Source: CoinMarketCap Coincu research team suggests increased regulatory scrutiny following Qian Zhimin’s trial could encourage enhanced compliance protocols for international crypto trade and security frameworks. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. Source: https://coincu.com/scam-alert/qian-zhimin-bitcoin-laundering-trial/

Qian Zhimin Faces Trial for UK’s Largest Bitcoin Laundering Case

By: BitcoinEthereumNews
2025/09/29 07:30
BRC20.COM
COM$0.013411-2.29%
CROSS
CROSS$0.22052-2.64%
CROWN
CROWN$0.0471-0.21%
Chihuahua
HUAHUA$0.00002615+18.91%
Major
MAJOR$0.12408-1.88%
Key Points:
  • Qian Zhimin trial tests cross-border crypto asset enforcement.
  • Involves $6B laundering and Ponzi scheme activities.
  • Chinese and UK authorities engage in judicial cooperation.

Qian Zhimin, key suspect in the UK’s largest Bitcoin money laundering case, began her trial on September 29, 2025, at Southwark Crown Court in London.

The trial represents a pivotal moment for international cooperation in digital asset law enforcement, highlighting challenges in asset recovery and coordination across jurisdictions.

$6B Fraud Case Highlights Cross-Border Crypto Regulation

Qian Zhimin, known by aliases Yadi Zhang and Huahua, is central to ongoing legal discussions in London and China. The focus rests on alleged RMB 43 billion fraud and laundering operations.

The trial involves testimonies from Chinese officials and video-linked victim statements. This underscores demands for robust legal measures.

Bitcoin Market Impact Amid Ongoing Trial

Did you know? The Qian Zhimin case underscores global enforcement in crypto crimes, comparable to the landmark PlusToken scandal, indicating intensified regulation efforts across major jurisdictions.

Bitcoin (BTC) trades at $112,136.45, with a market cap of $2.23 trillion. Dominating 57.81% of the crypto market, and recently noted a 2.34% 24-hour price rise, based on CoinMarketCap data.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 23:24 UTC on September 28, 2025. Source: CoinMarketCap

Coincu research team suggests increased regulatory scrutiny following Qian Zhimin’s trial could encourage enhanced compliance protocols for international crypto trade and security frameworks.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/scam-alert/qian-zhimin-bitcoin-laundering-trial/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Here’s Why Mantle (MNT) Price Is Pumping Today

Here’s Why Mantle (MNT) Price Is Pumping Today

Mantle price is on fire again. Earlier today, the token hit a new all-time high of $2.15 before pulling back slightly. At writing, it’s trading around $2.10, up almost 6% in the past day, while trading volume has surged by a massive 85%. That kind of activity usually doesn’t happen without reason. In Mantle’s case,
SphereX
HERE$0.000259+8.36%
WHY
WHY$0.00000003261+9.65%
Mantle
MNT$2.1277+4.22%
Share
Coinstats2025/10/06 13:42
Share
Cashing In On University Patents Means Giving Up On Our Innovation Future

Cashing In On University Patents Means Giving Up On Our Innovation Future

The post Cashing In On University Patents Means Giving Up On Our Innovation Future appeared on BitcoinEthereumNews.com. “It’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress,” writes Pipes. Getty Images Washington is addicted to taxing success. Now, Commerce Secretary Howard Lutnick is floating a plan to skim half the patent earnings from inventions developed at universities with federal funding. It’s being sold as a way to shore up programs like Social Security. In reality, it’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress. Yes, taxpayer dollars support early-stage research. But the real payoff comes later—in the jobs created, cures discovered, and industries launched when universities and private industry turn those discoveries into real products. By comparison, the sums at stake in patent licensing are trivial. Universities collectively earn only about $3.6 billion annually in patent income—less than the federal government spends on Social Security in a single day. Even confiscating half would barely register against a $6 trillion federal budget. And yet the damage from such a policy would be anything but trivial. The true return on taxpayer investment isn’t in licensing checks sent to Washington, but in the downstream economic activity that federally supported research unleashes. Thanks to the bipartisan Bayh-Dole Act of 1980, universities and private industry have powerful incentives to translate early-stage discoveries into real-world products. Before Bayh-Dole, the government hoarded patents from federally funded research, and fewer than 5% were ever licensed. Once universities could own and license their own inventions, innovation exploded. The result has been one of the best returns on investment in government history. Since 1996, university research has added nearly $2 trillion to U.S. industrial output, supported 6.5 million jobs, and launched more than 19,000 startups. Those companies pay…
Threshold
T$0.01554-1.95%
Union
U$0.010262+0.18%
RealLink
REAL$0.08524-1.78%
Share
BitcoinEthereumNews2025/09/18 03:26
Share
Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage

Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage

The post Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage appeared on BitcoinEthereumNews.com. The amount of Bitcoin held on centralized exchanges plunged to a six-year low as the asset climbed to a new all-time high. Bitcoin notched a new all-time high on Sunday morning, reaching a little over $125,700 on Coinbase, according to Tradingview. Its previous peak was $124,500 on Coinbase on Aug. 14. Bitcoin (BTC) pulled back by 13.5% by Sept. 1 but has recovered strongly over the past week as “Uptober” began.    “Bitcoin hits new all-time high … And most people still don’t even know what Bitcoin is,” commented Nova Dius President Nate Geraci. “If Bitcoin is able to convincingly break $126,500, then chances are price will go a lot higher and quickly,” said analyst Rekt Capital on Saturday, before the latest price peak. BTC prices reach a new peak above $125,000. Source: Tradingview Exchange balances drop to six-year low The total Bitcoin balance on centralized exchanges fell to a six-year low of 2.83 million BTC on Saturday, according to Glassnode. The last time that there were fewer coins stored on exchanges was early June 2019, when the asset was trading around $8,000 in the depths of a bear market. Blockchain analytics platform CryptoQuant has a slightly lower total exchange reserve figure of 2.45 million BTC, which puts it at a seven-year low.  Both platforms show that the BTC exchange balance has dropped sharply over the past couple of weeks. More than 114,000 BTC worth over $14 billion has left exchanges over the past fortnight, according to Glassnode. When Bitcoin moves off centralized exchanges into self-custody, institutional funds, or digital asset treasuries, it suggests holders are planning to keep their coins long-term rather than sell them. Bitcoin sitting on exchanges is considered “available supply” that could be liquidated and hit the market at any moment. BTC balance on exchanges dropped to…
SIX
SIX$0.02013+1.30%
BRC20.COM
COM$0.01341-0.05%
Bitcoin
BTC$123,842.5-0.66%
Share
BitcoinEthereumNews2025/10/06 14:29
Share

Trending News

More

Here’s Why Mantle (MNT) Price Is Pumping Today

Cashing In On University Patents Means Giving Up On Our Innovation Future

Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage

VeChain Q2 2025 Report: Treasury at $167M, New Partnerships & Ecosystem Growth

Judge Blocks Trump’s Bid To Send National Guard From Other States To Oregon