The Southwark Crown Court in the United Kingdom has reportedly found Jian Wen guilty of money laundering in connection with more than $2.5 billion worth of Bitcoin.
A former hospitality worker in the United Kingdom has reportedly been found guilty of money laundering more than the equivalent of $2.5 billion worth of Bitcoin (, the Southwark Crown Court has found Jian Wen of money laundering $2.5 billion worth of Bitcoin after a five-year investigation, involving scrutiny of 48 electronic devices and thousands of digital files, many of which were translated from Mandarin.
On Jan. 31, Cointelegraph reported that it was the attempted purchase of a $30 million mansion in London that was the ultimate red flag for the authorities to investigate her.but faced challenges passing money-laundering checks, despite her claims of earning millions from Bitcoin mining.The UK police claimed that the seizure was the “largest of its kind in the UK.
“Bitcoin and other cryptocurrencies are increasingly being used by organized criminals to disguise and transfer assets, so that fraudsters may enjoy the benefits of their criminal conduct.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin & Bitcoin Cash Among Top Crypto Gainers as Crypto Prices Pump: What About Green Bitcoin?Crypto Blog
Read more »
'Rich Dad Poor Dad' Author Reveals His Possible Actions Should Bitcoin CrashVocal Bitcoin advocate Kiyosaki reveals his favorite thing about Bitcoin should it crash
Read more »
Crucial Bitcoin Message Sent by Michael Saylor to Community As BTC Tops $61,000Vocal Bitcoin evangelist has made an important Bitcoin call on the global cryptocurrency community
Read more »
'Rich Dad Poor Dad' Author Comments on Massive Bitcoin SurgeAcclaimed investor and Bitcoin supporter Kiyosaki issues bullish Bitcoin-vs.-US dollar statement
Read more »
Bitcoin (BTC) Hits $81,000 in Energy Value, What It MeansBitcoin's energy value index puts Bitcoin's fair value at $81,000
Read more »
Bitcoin Spot ETFs Near $60 Billion in Net Assets Amid Heavy TradingSurge of inflows into Bitcoin spot ETFs showcases massive institutional interest in Bitcoin
Read more »