Record Cryptocurrency Seizure in UK Linked to China Money Laundering Case

Date:

Record Cryptocurrency Seizure in UK Linked to China Money Laundering Case

An undated custody image of Qian Zhimin, who is also known as Zhang Yadi, who admitted to money laundering charges at Southwark Crown Court in London on Sept. 29, 2025. The Metropolitan Police

A Chinese woman pleaded guilty to money laundering in a London court on Sept. 29, following a record seizure of cryptocurrency worth 5.16 billion pounds ($6.93 billion).

On the first day of her trial at Southwark Crown Court, Qian Zhimin, also known as Zhang Yadi, changed her plea and admitted to one count of possessing criminal property and one count of transferring criminal property.

spot_imgspot_imgspot_img

Share post:

More like this
Related

WestJet Flight Attendants on Strike as Union, Airline Fail to Come to Terms

CALGARY — WestJet flight attendants are on strike, with...

Former Premiers Could Face Long-Awaited CFMEU Probe

Victoria’s opposition is demanding past Labor premiers be called...

Trump Says US to Pause Iran Strikes as Mideast Allies Reach Outline to End War

President Donald Trump said Aug. 1 that the United...

Spain: Days After Historic Border Breach, Illegal Migrants Remain Scattered Across Ceuta

Spanish soldiers and Guardia Civil officers escort a group...