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Caixin: Main culprit of 60,000 Bitcoin money laundering case Qian Zhimin expected to be released in late February 2030

Summary: According to reports, the main culprit of the 60,000 Bitcoin money laundering case, Qian Zhimin, was sentenced to 11 years and 8 months in the UK. However, due to Qian Zhimin's 18-month detention since April 23, 2024, this time will be deducted directly from her total sentence. According to the UK's 'automatic release after serving ...

According to reports, the main culprit of the 60,000 Bitcoin money laundering case, Qian Zhimin, was sentenced to 11 years and 8 months in the UK. However, due to Qian Zhimin's 18-month detention since April 23, 2024, this time will be deducted directly from her total sentence. According to the UK's 'automatic release after serving half the sentence' rule, ordinary offenders can be transferred to the community supervision stage after serving more than half of their sentence. Based on this calculation, she is expected to be released in late February 2030. In addition, Qian Zhimin will also be subject to a 5-year Serious Crime Prevention Order (SCPO) to take effect upon her release. Analysts point out that Qian Zhimin's sentencing marks the end of the criminal aspect of this case, but the real complexity of how to deal with the 60,000 Bitcoins is just beginning. (Caixin)

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