Technology

'Bitcoin Queen' who laundered $5.6 billion in illicit funds through crypto gets nearly 12 years in prison — UK court hands down sentence

Source

Tom's Hardware

Published

Nov 13, 2025

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Zhimin Qian, known as the 'Bitcoin Queen,' has been sentenced to nearly 12 years in prison by a UK court for laundering $5.6 billion in illicit funds through crypto. Qian operated an unlicensed investment company in China, defrauding thousands of investors. Her evasion of the law ended when she transferred Bitcoin to an account monitored by authorities, leading to her arrest. Despite her lawyer stating she did not intend to commit fraud, the judge criticized her for lying and scheming for personal gain. China and the UK are working on repatriating the stolen funds, but extradition complications may arise due to the UK's suspension of its treaty with Hong Kong.

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'Bitcoin Queen' who laundered $5.6 billion in illicit funds through crypto gets nearly 12 years in prison — UK court hands down sentence

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Lexar regional manager says that RAM prices are expected to double by the end of the year — 'discounts' and stabilized prices result from distributors getting rid of old stock or sourcing products from other regions

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'Bitcoin Queen' who laundered $5.6 billion in illicit funds through crypto gets nearly 12 years in prison — UK court hands down sentence

TL;DR

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Lexar regional manager says that RAM prices are expected to double by the end of the year — 'discounts' and stabilized prices result from distributors getting rid of old stock or sourcing products from other regions

Taiwanese startup FormulaV Line wants to break into US market with two new unique cases — company expects products to become available on Newegg later this year

G.Skill explains how AMD EXPO ULL unlocks additional performance — expanded profiles allow memory makers to include subtiming tweaks for the first time

Huawei-led team claims it post-trained DeepSeek's 1.6-trillion-parameter model — 1,000 Ascend 910C chips used in training