Recently, the Southwark Criminal Court in London, England, heard a bitcoin money laundering case that can be called the "largest in the UK". This case, worth as much as 48.7 billion yuan, can also be called a "extraordinary case" on a global scale.
In contrast, the defendant who stood at the 12th court seat was a Chinese woman who was less than 1.6 meters tall, thin and white-coloured.
However, this seemingly unattractive and even very reserved older sister of China is Qian Zhimin, the principal criminal of Tianjin Lantian Gerui's "extremely serious illegal fund-raising case."
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The biggest Bitcoin money laundering case in the UK.
The Tianjin Blue Sky Grid Electronics Technology Company, which was founded by Wang Zemin, had invested in high-profit products, virtual currencies and other investment scams between 2014 and 2017. It illegally absorbed more than 30 billion yuan, affecting 120,000 investors across the country.
Wang Zemin claims to own Bitcoin mining business, which also washes out huge amounts of wealth through cryptocurrencies such as Bitcoin.
According to a notice from the London court on September 29, 2025, the market value of Qian Zhimin's Bitcoin involved reached 48 billion yuan. British police seized Bitcoin held by Qian Zhimin in May 2021 Up to 61,000 pieces (worth about 49.35 billion yuan)。
Faced with the court's verdict on the charges of "possession of property obtained by crime" and "transfer of property obtained by crime", Qian Zhimin quickly stated at the scene,"I plead guilty", which was completely different from his attitude in the previous long-term trial and once made many listeners in the court look at each other.
It is understood that Qian Zhimin was initially "targeted", which was related to his attempt to buy a luxury house in London.
In 2018, Qian Zhimin and her assistant tried to buy the UK directly with Bitcoin London isA luxury home in Hampstead worth £23.5 million (about RMB3.2 billion at the time) was blocked due to unknown funding, and the unusual transaction attracted the attention of the UK police anti-money laundering department.
According to the investigation, money sensitivity was still there. DubaiBuy £ 500,000 apartment at ItalyBuy a £10 million sea view house and own several properties in the UK.
According to Tianjin police, when the blue sky was blocked in July 2017, Tianjin escaped Britain using a fake St. Kitts and Nevis federal passport.
In September 2017, immediately after his arrival in the UK, Mr. Money began buying a car and consuming it in order to exchange illegal income for cash. In the UK police investigation, Mr. Money also sought ways to transfer and hide illegal income by various means.
It is worth mentioning that before fleeing China, Qian Zhimin once suffered leg damage and physical disability due to a car accident.However, this did not seem to affect their rapid transfer of wealth and fleeing overseas.
It is said that Qian Zhimin also obtained a fake Burmese passport in the name of Nan Yin, and claimed in Britain that he was engaged in jewelry trade all over the world.
In the end, however, through the cooperation of the Chinese-British justice, as well as the distant testimony of Chinese victims, the British police filed an investigation into the case of Money Amnesty on "holding property derived from crime" and "transfer of property derived from crime".On April 24, 2024, Money Amnesty appeared for the first time in London as Zhang Aadi, accused of illegally holding cryptocurrency.On September 29, 2025, Money Amnesty finally confessed guilt.
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Qian Zhimin was born in Rugao, Jiangsu Province. She only has a college degree, lacks education, but has great courage. She once claimed that she graduated from Tsinghua University and has a double doctoral degree.
In 2014, Jiang Zhi Ming and her partners registered with 30 million yuan in Tianjin to establish Blue Sky Grid. In that year, she divided the company into seven major regions in Kyoto, Northeast, East China, South China, China, Northwest China and Southwest China.
The company is on the surface a technology company, in fact is the so-called financial products distribution and distribution company. In 2014-2017, Blue Sky Grid launched a number of financial products, has promised annual earnings can reach 300%.
Data shows that the wealth management products released by Blue Sky Gerui, such as Blue Sky 1, Blue Sky 2, Yiyoucoin, Supercomputer 1, Supercomputer 2, Carnival, Intelligent Investment Promotion, Digital Insurance, etc., have a cycle of 12-30 months. The average annual interest rate is around 30%. Blue Sky One and Blue Sky Two both correspond to virtual currencies.
Taking advantage of the first wave of hype on virtual currencies such as Bitcoin, Blue Sky Grey rolled money crazily. According to the report of the Ministry of Public Security in 2017, Blue Sky Gerui's suspected illegal absorption of public deposits involved an investment amount of about 30 billion yuan, involving 120,000 person-times in 31 provinces, municipalities and autonomous regions across the country.
Due to the rapid escape from overseas, in 2018 he was listed as a “Red Personnel” and caught globally.
Although Qian Zhimin has been wanted, according to reports, the on-site pyramid scheme model of "company lecturers recommending wealth management products" launched by Blue Sky Gerui is still blooming in many places in China.
It is reported that in this kind of marketing mode, if the "lecturer" develops new customers on the spot, the lecturer who purchases wealth management products exceeding 10 million yuan may get at least 1% commission. High commission, high reimbursement and high reward also make "lecturers" all over the world, and they work hard to circle people everywhere, starting from relatives and friends.
The public security department repeatedly emphasized in its circular that virtual currency is currently widely used in illegal and criminal activities, and criminal forms are becoming increasingly diverse. The public must be vigilant against all high-yield and high-return committed financial management and investment behaviors.
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