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Awesome! Chinese scammer named Zhimin Qian caught with over 61,000 Bitcoin – the largest crypto seizure in UK history. The total assets are worth up to $6 billion.
This man defrauded 128,000 people, tricking the elderly and savers with false promises of high returns. He fled China in 2017 with fake documents and ran a large-scale scam and money laundering operation. He admitted to the crime in September and is now facing a 14-year sentence.
This case shows how dangerous crypto can be in the wrong hands. It was easy for people like Qian to loot many, but he was eventually caught. How crazy is all this?