Chinese bitcoin fraudster jailed over $9.8b crypto seizure

London | A Chinese woman described as a “super villain” who orchestrated a multibillion dollar investment fraud to buy bitcoin was sentenced to 11 years and 8 months in jail by a London judge.

Zhimin Qian, who evaded arrest in China after fleeing on a moped to the Myanmar border, travelled through South-East Asia and Europe using fake passports before settling in Britain under a fake name — Yadi Zhang. She was arrested as part of the largest bitcoin seizure ever by British police — now worth $US6.4 billion ($9.8 billion).

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Bloomberg

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