PANews May 24th news, according to Bloomberg, 42-year-old British Chinese Wen Jian was found guilty of "participating in arranging money laundering" in the UK's largest Bitcoin money laundering case. Today, Wen was sentenced to six years and eight months in prison by Judge Sally-Ann Hales KC. Defense lawyer Mark Harries said that Wen was "deceived and used" and expressed deep regret for his involvement with the "mastermind". The prosecution insisted that Jian Wen acted out of greed and financial gain, and was the decision maker of the encrypted wallet he controlled.
Related reading: 61,000 Bitcoins Frozen, Mastermind of World's Largest Money Laundering Case Fled with $6.3 Billion.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
PANews May 24th news, according to Bloomberg, 42-year-old British Chinese Wen Jian was found guilty of "participating in arranging money laundering" in the UK's largest Bitcoin money laundering case. Today, Wen was sentenced to six years and eight months in prison by Judge Sally-Ann Hales KC. Defense lawyer Mark Harries said that Wen was "deceived and used" and expressed deep regret for his involvement with the "mastermind". The prosecution insisted that Jian Wen acted out of greed and financial gain, and was the decision maker of the encrypted wallet he controlled.
Related reading: 61,000 Bitcoins Frozen, Mastermind of World's Largest Money Laundering Case Fled with $6.3 Billion.