The mastermind of a 60,000 BTC money laundering case, Qian Zhimin, has been sentenced to 11 years and 8 months in prison
On November 11th, according to the report by Decrypt, Qian Zhimin, the mastermind behind a 60,000 BTC money laundering case, was sentenced to 11 years and 8 months in prison at Southwark Crown Court in the UK on Tuesday. Qian Zhimin was also known by the name "Zhang Yadi." In September, she admitted to fraud and money laundering charges related to her company, Blue Sky Grid. The company promised wealth through high-tech health products and cryptocurrency mining projects. Also on trial with her was her Malaysian accomplice, Seng Hok Ling, who served as her intermediary and financial agent in the case and was sentenced to 4 years and 11 months in prison.
Justice served in this massive crypto fraud—60,000 BTC laundered through sham health tech and mining schemes. Reminds us blockchain's transparency will make such scams relics by 2030, empowering real innovation in decentralized finance
Justice is always an interesting concept.
Justice isn't perfect yet, but tech will redefine it—imagine AI auditing blockchains in real-time by 2030, catching fraud before it starts and building trust at scale