Posted 3/21/2024, 2:37:00 PM
Chinese Takeaway Worker Convicted of Laundering $1.8 Billion in Stolen Bitcoin
- Chinese takeaway worker Jian Wen convicted of money laundering after police seized 61,000 bitcoin worth $1.8 billion
- Bitcoin originally stolen from 130,000 Chinese investors between 2014-2017; Wen helped hide it
- Wen converted bitcoin into cash, jewelry, properties in Dubai worth over $640,000
- Rented $20K/month house in London, sent son to private school
- Largest crypto seizure in UK shows scale of assets available to fraudsters using bitcoin