The main suspect of the UK's largest Bitcoin money laundering case, Wen Jian, has been ordered to repay over $3.78 million, or he will face an additional 7 years of imprisonment.
Odaily Planet Daily News According to the UK's largest BTC Money Laundering case, one of the suspects, Jian Wen, must repay more than 3.78 million US dollars (3.1 million pounds) or face the additional risk of seven years of imprisonment. The order is part of a confiscation order after the Money Laundering conviction.
The Crown Prosecution Service (CPS) in the United Kingdom recently issued a statement saying, 'Prosecutors told the court that the amount of BTC seized is substantial and there is a lack of legal evidence regarding its origin, all of which indicate that these are proceeds of crime.' (Decrypt)
In May last year, a court in London, UK, sentenced Wen Jian to 6 years and 8 months in prison for assisting his employer Qian Zhimin in laundering 150 BTC. At current prices, these BTC are worth $15 million.
During the investigation of WEN Qian and his accomplice, the British police seized over 61,000 BTC, the largest amount of cryptocurrency ever seized in the UK.
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Lujz
· 01-16 08:26
I think this amount is small change for him.
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GateUser-0089536f
· 01-16 08:22
To The Moon 🌕To The Moon 🌕To The Moon 🌕We can all make it 💪Halving BTC will lead to a moonshot 🚀
The main suspect of the UK's largest Bitcoin money laundering case, Wen Jian, has been ordered to repay over $3.78 million, or he will face an additional 7 years of imprisonment.
Odaily Planet Daily News According to the UK's largest BTC Money Laundering case, one of the suspects, Jian Wen, must repay more than 3.78 million US dollars (3.1 million pounds) or face the additional risk of seven years of imprisonment. The order is part of a confiscation order after the Money Laundering conviction. The Crown Prosecution Service (CPS) in the United Kingdom recently issued a statement saying, 'Prosecutors told the court that the amount of BTC seized is substantial and there is a lack of legal evidence regarding its origin, all of which indicate that these are proceeds of crime.' (Decrypt) In May last year, a court in London, UK, sentenced Wen Jian to 6 years and 8 months in prison for assisting his employer Qian Zhimin in laundering 150 BTC. At current prices, these BTC are worth $15 million. During the investigation of WEN Qian and his accomplice, the British police seized over 61,000 BTC, the largest amount of cryptocurrency ever seized in the UK.