UK Police Seize $1.78 Billion in Bitcoin from Chinese Fraud Scheme
• UK police seized $1.78 billion worth of bitcoin from a Chinese investment fraud operation • The bitcoin was seized from 4 devices belonging to Jian Wen, who is on trial for money laundering • The bitcoin originated from a $5 billion fraud scheme run by Wen's former boss, Zhimin Qian • Over 128,000 investors were defrauded in Qian's scheme before she fled China • Wen also tried buying a $17 million London property with the bitcoin before being caught