Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Apple pulls Jack Dorsey’s Bitchat from China at Beijing’s request

07/04/2026

“The Crypto Bubble Has Burst; Gold and Silver Are Now Risky Assets”

07/04/2026

SEC Chair Announces New Positive Regulations for the Cryptocurrency Market Are on the Way

07/04/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum crosses 200 million quarterly transactions for the first time ever

    06/04/2026

    Binance Traders Are Buying Ethereum, Will It Trigger Price Rebound?

    06/04/2026

    Ethereum Price Pressured at $2,150, Bulls Fight to Clear Hurdle

    06/04/2026

    Analyst Forecasts Fall To $600 If This Happens

    06/04/2026

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Modern Lion Joint Venture Faces Liquidation

    06/04/2026

    NFT Debate Deepens as Experts Clash on Market’s Future

    06/04/2026

    Justin Bieber Purchased a Bored Ape NFT for $1.3 Million; Here is How Much It Is Worth Today

    05/04/2026

    Top NFT Sales of the Week, Sales Increase 11%

    05/04/2026

    Apple pulls Jack Dorsey’s Bitchat from China at Beijing’s request

    07/04/2026

    “The Crypto Bubble Has Burst; Gold and Silver Are Now Risky Assets”

    07/04/2026

    SEC Chair Announces New Positive Regulations for the Cryptocurrency Market Are on the Way

    07/04/2026

    Circle future-proofs Arc blockchain against quantum threats

    07/04/2026
  • Blockchain

    Apple pulls Jack Dorsey’s Bitchat from China at Beijing’s request

    07/04/2026

    Circle future-proofs Arc blockchain against quantum threats

    07/04/2026

    Swift + Chainlink Just Tokenized Bonds – Banks in Shock!

    07/04/2026

    China’s tax authority urges banks to implement blockchain for lending services

    07/04/2026

    Toss weighs custom blockchain and token amid Korea’s digital asset reset

    07/04/2026
  • DeFi

    Lido Proposes $20M Buyback, Aave V4 Deploys, and More

    06/04/2026

    As Wall Street moves on-chain, DeFi faces a $330 billion trust test it can’t dodge

    06/04/2026

    Alpha Pulse AI Partners With ManusPay To Allow Professional Traders To Harness Crypto Trading And DeFi Applications

    05/04/2026

    Mantle Emerges as Key DeFi Hub with Aave Deposits Approaching $1.5B

    05/04/2026

    Concrete Joins Forces with Euler to Build Institutional DeFi Lending

    05/04/2026
  • Metaverse

    Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

    25/03/2026

    Meta partners with Arm to develop new CPUs for AI deployments

    24/03/2026

    Land values capitulate as $24M metaverse plot collapses to just $9,000

    20/03/2026

    Meta to shutter Horizon Worlds metaverse on VR in favor of mobile

    18/03/2026

    Meta expands AI agent push with Moltbook acquisition

    10/03/2026
  • Regulation

    “The Crypto Bubble Has Burst; Gold and Silver Are Now Risky Assets”

    07/04/2026

    Here’s where Treasuries could shape Trump’s Iran war — and bitcoin moves

    07/04/2026

    Retail Stock Trading Just Halved From Its Peak – Lowest Since the 2022 Bear Market

    07/04/2026

    How $1,000 in Crypto Bought Israel’s Missile Defense Secrets

    07/04/2026

    Banks Are At Least 5 Years Behind on DeFi, Deutsche Börse’s Crypto Finance CEO Says

    07/04/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Ripple joins Convera to streamline business payments with stablecoin rails

    06/04/2026

    Institutions Can Now Access Ondo Tokenized Stocks via Gate through Talos

    06/04/2026

    Ripple Quietly Announced a Major Partnership Today

    06/04/2026

    Galaxy expands retail platform with SOL staking, targeting 6.5% yield

    05/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    NeoFantasy Game Partners With AetheriumX To Advance Metaverse Gaming Global Expansion

    03/04/2026

    The Sandbox NEXT Stress Test Ignites Mobile Metaverse Ambitions with Unreal Engine Power

    02/04/2026

    PlaysOut and Magne.AI Shake Hands for AI-Powered Web3 Gaming Experiences

    01/04/2026

    World of Elements v1.12 introduces skill trees, Hubitz location

    30/03/2026

    The Bitcoin miner sell-off looks close to exhaustion marking impending reversal in market pressure

    07/04/2026

    Bitcoin Miners Are Becoming AI Infrastructure and the Market Is Repricing Them

    06/04/2026

    A Bitcoin Miner Winning the Entire Reward All by Him! Here’s How Much He Won

    06/04/2026

    Founder of a Chinese Bitcoin Mining Company Vehemently Opposed the Latest Proposed Updates to BTC

    05/04/2026

    SEC Chair Announces New Positive Regulations for the Cryptocurrency Market Are on the Way

    07/04/2026

    Democrats Meet Tonight to Decide Next Move on Record-Long DHS Shutdown

    07/04/2026

    India Issues Tax Notices to Crypto Traders Over Unreported Activity From Earlier Years

    07/04/2026

    The Oversight Blind Spots Shaping Japan’s Crypto Policy Shift

    07/04/2026

    Apple pulls Jack Dorsey’s Bitchat from China at Beijing’s request

    07/04/2026

    “The Crypto Bubble Has Burst; Gold and Silver Are Now Risky Assets”

    07/04/2026

    SEC Chair Announces New Positive Regulations for the Cryptocurrency Market Are on the Way

    07/04/2026

    Circle future-proofs Arc blockchain against quantum threats

    07/04/2026
  • MarketCap
NBTC News
Home»Legal»Guilty Verdict for Woman Accused of Laundering Bitcoin Tied to Alleged $6B China Fraud: Bloomberg
Legal

Guilty Verdict for Woman Accused of Laundering Bitcoin Tied to Alleged $6B China Fraud: Bloomberg

NBTCBy NBTC22/03/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Jian Wen was found guilty of money laundering by a London jury that couldn’t reach a decision on two other charges.

Jian, who denied the allegations, was previously acquitted of other money laundering charges at a separate trial.

A U.K. citizen was found guilty of laundering huge amounts of bitcoin (BTC) for a Chinese fugitive tied to an alleged $6 billion investment fraud, Bloomberg reported on Wednesday.

Jian Wen, who denied the allegations, helped her former employer launder the funds between 2017 and 2022, a London jury found. The jury couldn’t reach a decision on two other charges. The 42-year-old had previously been acquitted of other money laundering charges at a separate trial.

Police in the U.K. seized over 1.7 billion pounds ($2.2 billion) worth of bitcoin related to the alleged fraud in a 2018 operation. Jian Wen was accused of laundering BTC on behalf of her former employer, Yadi Zhang, whose real name is Zhimin Qian.

Zhimian is said to have duped around 130,000 investors in China in an investment scam that prosecutors estimated brought in almost $6 billion.

Jian will be sentenced on May 10.

Read More: UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

SEC Chair Announces New Positive Regulations for the Cryptocurrency Market Are on the Way

07/04/2026

Democrats Meet Tonight to Decide Next Move on Record-Long DHS Shutdown

07/04/2026

India Issues Tax Notices to Crypto Traders Over Unreported Activity From Earlier Years

07/04/2026

The Oversight Blind Spots Shaping Japan’s Crypto Policy Shift

07/04/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Apple pulls Jack Dorsey’s Bitchat from China at Beijing’s request

07/04/2026

“The Crypto Bubble Has Burst; Gold and Silver Are Now Risky Assets”

07/04/2026

SEC Chair Announces New Positive Regulations for the Cryptocurrency Market Are on the Way

07/04/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.