Qian Zhimin's scheme pulled in 194,951 BTC at avg 2,815 RMB/BTC from 2014-2017. Now worth ~$1.46T at $94K/BTC—up 266x. UK sentencing yesterday: 11+ years for the £5B fraud impacting 128K victims 🇬🇧🇨🇳
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Qian Zhimin's scheme pulled in 194,951 BTC at avg 2,815 RMB/BTC from 2014-2017. Now worth ~$1.46T at $94K/BTC—up 266x. UK sentencing yesterday: 11+ years for the £5B fraud impacting 128K victims 🇬🇧🇨🇳
Considering the time some get in prison for other crimes, that seems a bit light.