Chinese Fugitive Behind Massive Bitcoin Money Laundering Arrested in U.K.
Qian Zhimin, the alleged mastermind behind a multibillion-dollar fundraising fraud in China, was picked up after years on the run, sources say
Qian Zhimin. Photo: File photo
Qian Zhimin, the alleged mastermind behind a multibillion-dollar fundraising fraud in China, has recently been arrested in the U.K. after years on the run, sources with knowledge of the matter told Caixin.
Former in-depth coverage:
How Billions in Bitcoin Laundered From China Ended Up in British Hands
📣China Watch has launched series stories of TikTok's Crisis, you can click here and find out TikTok's Struggle in the US after subscribing. It’s hard to square how a high roller who lived in a villa, spent tens of thousands of pounds on luxuries, and even bought properties worth more than half a million pounds in Dubai could have once been a worker living above a Chinese restaurant in the U.K.
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