The main suspect in the 60,000 Bitcoin money laundering case, Qian Zhimin, purchased at an average price of 2815 yuan. The UK High Court will hold a disposal hearing on November 17

According to Caixin, the main suspect in the laundering case involving 60,000 bitcoins, Qian Zhimin, purchased bitcoins at an average price of 2,815 yuan per coin, while on the day of her sentencing in the UK, the price had inflated 266 times to 750,000 yuan per coin.

Regarding the disposal of the assets involved that have been frozen in the UK, there has not yet been substantial progress towards returning or sharing them with Chinese authorities. On October 30, the Hedong Branch of the Tianjin Public Security Bureau, which is investigating the Lantian Ge Rui case, also announced that the public security organs are still continuing cross-border cooperation with UK law enforcement agencies to pursue fugitives and recover assets, making every effort to mitigate the losses of the fundraising participants.

On November 17, 2025, the UK High Court will hold another hearing regarding the disposal of the 60,000 bitcoins.