PANews reported on November 11 that, according to Bloomberg, Chinese woman Zhimin Qian (also known as Yadi Zhang) has been sentenced to 11 years and 8 months in prison by a London court for orchestrating an investment fraud involving approximately 40 billion yuan (US$5.6 billion) and laundering money to purchase 61,000 bitcoins. This case represents the largest seizure of crypto assets in UK history, with the bitcoins involved currently valued at approximately US$6.4 billion.

Prosecutors say Qian Zhimin fled China and traveled to several countries using a fake passport before being apprehended in the UK. She had purchased luxury homes, jewelry, and other valuables through an assistant and planned to sell Bitcoin to fund her self-proclaimed "nation," Liberland. British government agencies are investigating how to return the seized assets to victimized investors.