In the United Kingdom, a woman has been sentenced to prison for laundering Bitcoin following the seizure of 61,000 BTC by law enforcement authorities.

Quick Summary:

A woman has been sentenced to nearly seven years in prison for laundering bitcoin tied to a £5 billion fraud in China.

Authorities seized over 61,000 bitcoin during their investigation, now worth over $4 billion.

The woman denied all charges, claiming she was manipulated by a “mastermind.

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Article Details

Author / Journalist: Kevin Helms

Category: Crypto

Markets: JapanChinaOmanUnited Kingdom

Topics: Jian Wen Crypto Bitcoin Uk Digital Assets Fraud Featured Cryptocurrency Money Laundering Investment fraud

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-25 @ 11:20:34 (1 months ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 21082783

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 15 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

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