#bitcoin-seizure

[ follow ]
#money-laundering #human-trafficking #ponzi-scheme #cryptocurrency #crypto-fraud #ponzi-fraud
#ponzi-scheme
fromBitcoin Magazine
5 days ago
Miscellaneous

Bitcoin Crime: Ponzi Mastermind In Jail For Over 11 Years

Zhimin Qian orchestrated a multibillion-dollar Ponzi scheme, laundered proceeds into bitcoin, and was jailed in the UK after seizure of over 61,000 bitcoin.
fromFortune
4 days ago
UK news

Chinese 'cryptoqueen' who allegedly scammed thousands jailed in UK over Bitcoin stash worth $6.6 billion | Fortune

Zhimin Qian sentenced to over 11 years for a Ponzi scheme that defrauded 128,000+ people and led to seizure of 61,000 Bitcoin.
fromFortune
4 days ago
UK news

Chinese 'cryptoqueen' who allegedly scammed thousands jailed in UK over Bitcoin stash worth $6.6 billion | Fortune

more#ponzi-scheme
UK news
fromwww.independent.co.uk
5 days ago

5bn Bitcoin scammer behind UK's largest-ever cryptocurrency seizure jailed

Zhimin Qian jailed 11 years 8 months for laundering over 5bn in Bitcoin from a Ponzi scheme that defrauded more than 128,000 victims.
US news
fromABC7 San Francisco
4 weeks ago

Record $15B Bitcoin cyber scam seizure: Bay Area investigator visited suspect's company in Cambodia

The U.S. Justice Department seized $15 billion in Bitcoin from Chen Zhi's Cambodia-based cyber fraud network that used captive workers to scam Americans.
UK news
fromwww.independent.co.uk
1 month ago

Crypto worth 67m found hidden in Bitcoin fraudster's trousers

Zhimin Qian surrendered access to 67 million additional Bitcoin after police found a concealed digital device, adding to a 5.1bn seizure to fund victim compensation.
US news
fromwww.npr.org
1 month ago

U.S. charges Cambodian tycoon in massive alleged cryptocurrency scam

U.S. authorities seized nearly $15 billion in bitcoin and charged Prince Holding Group Chairman Chen Zhu with wire fraud, money laundering, and human trafficking-related offenses.
fromwww.independent.co.uk
1 month ago

Record bitcoin sum seized in UK-US crackdown on romance scam centres

Authorities have seized $15bn (11.3bn) worth of bitcoin and a string of luxury London properties in a joint UK-US crackdown on criminal masterminds behind romance scam centres in south-east Asia. The bitcoin confiscated by US investigators is the largest seizure in the history of the Department of Justice. A multi-million mansion and office block in the City of London are among 19 UK properties also being seized as the two governments issue sanctions on a gang that runs such scam centres on an industrial scale.
World news
UK news
fromBitcoin Magazine
1 month ago

Woman Pleads Guilty In $7 Billion Bitcoin Fraud Case In UK

A Chinese national pleaded guilty in London to laundering bitcoin tied to a multi‑billion‑pound Chinese investment fraud and awaits sentencing.
[ Load more ]