Zhimin Qian (Yadi Zhang), a Chinese national, has pleaded not guilty to money laundering Bitcoin in a London court. Qian was arrested in April and charged with two counts of money laundering, allegedly possessing and transferring illegal cryptocurrency as part of a larger operation. It is claimed that Qian defrauded 130,000 Chinese investors of $5.6 billion between 2014 and 2017. Qian denies the allegations and plans to contest the charges. The trial, which includes a co-defendant, is scheduled to begin in September 2025.



Other News from Today