Jian Wen, 42, was found guilty of laundering Bitcoin in connection with a $6 billion fraud scheme in China and was sentenced to six years and eight months in prison earlier this year. In a significant 2018 operation, police in the U.K. seized over £1.7 billion (approximately $2.2 billion) worth of Bitcoin linked to the alleged fraud.
She was accused of laundering the proceeds from this fraud by converting the Bitcoin into cash and using the funds to purchase properties, jewelry, and other luxury items. Despite her involvement, the former takeaway worker claimed that she only managed a Bitcoin wallet on behalf of her boss and asserted that she was unaware of the illicit origins of the funds, insisting she was acting solely for her son’s well-being.