Cryptoqueen who fled China for London mansion to be sentenced over £5bn Bitcoin stash

Qian Zhemin, a woman accused of stealing funds from Chinese pensioners to buy cryptocurrency now worth billions, is set to be sentenced for money laundering. After fleeing China, she lived in a London mansion where UK authorities found a large stash of Bitcoin. Qian faces charges related to an elaborate scam involving thousands of investors in her company, with hopes that some funds will be returned to victims. The case sheds light on a multi-billion dollar fraudulent scheme that exploited the loneliness of many middle-aged and elderly Chinese investors.