A woman has been convicted in what is believed to be the world’s “single largest” Bitcoin seizure, said<\/a> London’s\u00a0Metropolitan Police.<\/p>\n Zhimin Qian, also known as Yadi Zhang,\u00a0is a Chinese national who pleaded guilty to acquiring and possessing criminal property, i.e., Bitcoin, in the\u00a0Southwark Crown Court on Sep. 29.<\/p>\n Related: What is Crypto? Cryptocurrency explained<\/a><\/strong><\/p>\n As per the statement, the\u00a0Met\u2019s Economic Crime team\u00a0launched\u00a0an inquiry into international money laundering in 2018, which revealed that the\u00a047-year-old woman defrauded\u00a0over 128,000 victims in China<\/a> during\u00a02014-2017 and put all the illicit funds in Bitcoin assets.<\/p>\n The woman then fled China using false documents and entered the United Kingdom<\/a>. Five years ago, she tried to launder the proceeds from criminal activity by buying property in the U.K. in\u00a0September 2018.<\/p>\n The Met seized\u00a061,000 Bitcoin, worth\u00a0$6.7 billion on Sep. 29, from\u00a0Qian\u00a0in what is believed to be the\u00a0world’s\u00a0single largest cryptocurrency seizure, the statement read.<\/p>\n Jian Wen, who assisted\u00a0Qian,\u00a0was also jailed for her role in the criminal operation in 2024. Wen had been involved\u00a0in facilitating the transfer of a crypto wallet containing 150 Bitcoin, Met said.\u00a0She was sentenced to\u00a0six years and eight months in May last year.<\/p>\n Detective Sergeant Isabella Grotto, who led the Met\u2019s investigation, said, “When our team located Zhimin Qian, she had been evading justice for five years, and her arrest triggered a complex investigation requiring evidence from multiple jurisdictions and the careful review of thousands of documents…\u00a0Today\u2019s plea reflects years of hard work across both the UK and China.”<\/p>\n Robin Weyell, Deputy Chief Crown Prosecutor for the Crown Prosecution Service, said,\u00a0\u201cBitcoin and other cryptocurrencies are increasingly being used by organised criminals to disguise and transfer assets, so that fraudsters may enjoy the benefits of their criminal conduct. This case, involving the largest cryptocurrency seizure in the UK, illustrates the scale of criminal proceeds available to those fraudsters.”<\/p>\n As per Kraken’s price feed<\/a>, Bitcoin was exchanging hands at\u00a0$113,113.59 at the time of writing, up more than 75% in a year.<\/p>\n This story was originally reported by TheStreet<\/a> on Sep 30, 2025, where it first appeared in the MARKETS<\/a> section. Add TheStreet as a Preferred Source by clicking here.<\/a><\/i><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>