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Evening Standard
Evening Standard
National
Alastair Lockhart

Londoners could benefit from £5.5bn crypto stash seized from fraudster

Zhimin Qian London Bitcoin Police Cryptocurrency United Kingdom

Londoners could benefit after a stash of cryptocurrency worth £5.5 billion was seized by police from a fraudster, it is understood.

Zhimin Qian, 47, was jailed at Southwark Crown Court for 11 years and eight months on Tuesday after pleading guilty to money laundering and transferring and possessing criminal property, namely cryptocurrency.

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