Stand Up for Investors' Right to Know – Say No to Dumping Sell-Offs! [RootData Bounty Campaign]
API Download the RootData App

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

Share to

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.

Recent Fundraising

More
$12M Dec 17
-- Dec 16

New Tokens

More
Dec 11
Almanak ALMANAK
Dec 11
Dec 11

Latest Updates on 𝕏

More
CZ Followed U
Dec 16
Dec 16