“Goddess of Wealth” Pleads Guilty in £5B Bitcoin Laundering Case

Zhimin Qian, dubbed the "Goddess of Wealth," has pleaded guilty to money laundering at London's Southwark Crown Court. She led a large investment fraud in China from 2014 to 2017, affecting over 128,000 people and converting illicit gains into Bitcoin.

The scheme defrauded victims aged 50-75, spreading through social networks.
Authorities seized over 61,000 Bitcoin, valued at more than £5 billion ($6.7 billion).
The operation highlighted organized crime's use of cryptocurrencies to obscure fund trails.
The UK government may retain the seized assets under recent legislative reforms.
The investigation involved international cooperation and is considered one of the largest cryptocurrency seizures.

Qian remains in custody, awaiting sentencing, while the fate of the seized funds remains uncertain amidst potential government claims.