From a UK court, it was learned that in June 2014, Qian Zhimin instructed his "front person" to open an account for him on the cryptocurrency exchange platform Huobi using investor funds and mobilized 180 million RMB to purchase 100,250 bitcoins. Subsequently, the account's bitcoin holdings increased to 143,951 bitcoins. Between January and June 2017, she used more than 468 million RMB of investor funds to purchase 51,000 bitcoins through over-the-counter trading. Thus, Qian Zhimin accumulated a total of 194,951 bitcoins. Qian Zhimin's defense lawyer stated that she first became aware of Bitcoin in 2012 and "her aspiration was to hold 210,000 bitcoins one day, accounting for 1% of the total Bitcoin supply." She was almost able to achieve this goal.
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