UK High Court Reviews Qian Zhimin’s 60,000 Bitcoin Laundering Case

Multiple credible reports indicate that the UK High Court is handling proceedings related to assets connected to Qian Zhimin and large-scale bitcoin laundering. A high-authority investigative outlet reports that over 11,300 Chinese victims are seeking recovery of approximately $4 billion in seized bitcoin in a UK High Court case involving Qian, clearly establishing High Court involvement and the scale of the asset pool. Additional mainstream coverage confirms Qian’s involvement in UK court proceedings for crypto-related fraud, with related guilty pleas by associates and references to High Court processes, reinforcing the legal context. Several secondary sources specifically state that the High Court recently held hearings reviewing asset management/disposal linked to the alleged laundering of 60,000 bitcoins and attribute this detail to the higher-authority reporting. No sources provided contradict the claim; the mention of a separate $28 million figure appears to concern an associated participant and does not undermine the larger asset pool. The only minor uncertainty is that the exact figure of 60,000 bitcoins is most explicitly stated by lower-authority aggregators, while the top-tier report references a ~$4 billion valuation that is consistent with 60,000 BTC given prevailing prices. Overall, the convergence of evidence supports the statement as likely true.