The mastermind behind a $9 billion Bitcoin laundering scheme has been jailed for 11 years in the United Kingdom. 47-year-old Qian Zhimin, dubbed the ‘cryptoqueen’, was found guilty of running an investment fraud between 2014 and 2017, which targeted 128,000 people. Over 80 people were convicted in China, but Qian fled her native country via Myanmar, Thailand, Laos and Malaysia, before flying to London. She then began to convert Bitcoin bought with the proceeds of the fraud into cash.
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