Caixin: Qian Zhimin, the main culprit in the 60,000 Bitcoin money laundering case, also holds XRP in addition to Bitcoin.
TL;DR
Qian Zhimin, mastermind of a 61,000 Bitcoin money laundering case, was arrested and handed over wallet passwords, revealing additional Bitcoin and XRP holdings. She was sentenced to 11 years and 8 months, with expected release in 2030 and a 5-year crime prevention order.
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According to Foresight News , citing Caixin, Qian Zhimin, the mastermind behind a money laundering case involving 61,000 bitcoins, was arrested and a digital device was seized by police. On the eve of her criminal trial in September 2025, she handed over the access code to the device and the passwords to two encrypted wallets. Police ultimately discovered that in addition to the 61,000 bitcoins, she also possessed other bitcoins and XRP worth £67 million.
According to a previous Foresight News report, citing Caixin, Qian Zhimin was sentenced to 11 years and 8 months in prison by the Southwark Crown Court in the UK. Since she has already been detained for approximately 18 months since April 23, 2024, this time will be deducted directly from her total sentence. Under the UK's "half-term automatic release" rule, convicted criminals can enter community supervision after serving half their sentence. Based on this, she is expected to be released in late February 2030. In addition, Qian Zhimin will also be subject to a 5-year Serious Crime Prevention Order (SCPO), effective upon her release.