42-year-old Jian Wen, a former takeaway worker, was convicted of money laundering in London for Bitcoin worth over £2 billion linked to an investment fraud in China.
42-year-old Jian Wen, a former takeaway worker, has been convicted of money laundering in London after being discovered with Bitcoin worth over £2 billion linked to an investment fraud in China. Wen, who lived in a flat above a Chinese restaurant in Leeds, became involved in a criminal racket converting the cryptocurrency into assets, including multi-million-pound houses and expensive jewellery. The Bitcoin seizure is believed to be the largest of its kind in the UK. Wen will be sentenced for the money laundering offence on May 10. The Metropolitan Police have linked Wen to a wider fraudulent operation and seized over 61,000 Bitcoin.
March 20, 2024
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