Caixin disclosed details of the 60,000 Bitcoin case, with Qian Zhimin purchasing a total of 194,951 Bitcoins
Nov 11, 2025 10:10:57
Caixin disclosed details of the 60,000 Bitcoin case, which pointed out that Qian Zhimin purchased a total of 194,951 Bitcoins, taking over 70,000 with him on a laptop when fleeing China. The escape route was meticulously planned with the assistance of multiple individuals. Qian Zhimin's final sentence will be officially announced by the presiding judge at London time in 2025.
It is reported that Qian Zhimin's defense lawyer has submitted reasons for a reduced sentence, stating that he has behaved well during detention, being a "model prisoner," and noted that he suffers from diabetes. The lawyer also emphasized that he pleaded guilty immediately during the hearing, effectively saving judicial resources.
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