Qian Zhimin, primary suspect in a money laundering case involving 60,000 Bitcoins, admitted guilt in a UK court

Qian Zhimin appeared in Southwark Magistrates’ Court on September 29, 2025, and pleaded guilty to charges of money laundering connected to an illegal fundraising scheme.

The police are working with UK agencies to recover assets, reminding investors to be cautious of unauthorized recovery agents to avoid further scams.