UK Woman Jailed for Laundering Crypto Tied to $5.6 Billion Fraud
- Jian Wen sentenced to over six years for money laundering
- Wen’s lawyers told court that she was ‘duped and used’
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A woman was sentenced to six years and eight months in jail for laundering massive amounts of Bitcoin linked to an alleged $5.6 billion investment fraud in China.
Jian Wen, a former fast food worker who transformed her life with a luxurious lifestyle, was found guilty at London’s Southwark Crown Court of one count of money laundering relating to about 150 Bitcoin for a Chinese woman between 2017 and 2022. In the wider operation, the police seized over 61,000 Bitcoin, now worth over $4 billion.