Search results for "WEN"

Chinese woman involved in a fraud scheme absconded to London with 200 billion, 61,000 Bitcoins seized, setting a global record.

A massive fraud case spanning both China and the UK has recently come to light. Chinese national Qian Zhimin had lured over 128,000 investors since 2014 with promises of high returns on investments, illegally siphoning off more than NT$200 billion, and converted the funds into 61,000 Bitcoins to escape to the UK. After years on the run, she was finally captured in London and has pleaded guilty. China's "Sister Flower" creates a billion-dollar scam: 128,000 investors fall into the trap. In 2014, Qian Zhimin (, known as "Sister Hua" and "Goddess of Wealth," promoted an investment plan in China through "Tianjin Blue Sky Ge Rui" Electronic Technology Company, promising high returns and daily dividends, attracting many middle-aged and elderly individuals to invest. According to a report by the Chinese media Caixin, the victims are mostly aged between 50 and 75, including businessmen, bank employees, and judicial personnel, with investment amounts ranging from several tens.
ChainNewsAbmedia·2025-10-01 07:43

The UK government plans to auction 61,000 Bitcoins. Will the Whale dumping impact Bitcoin?

The crypto assets market is always full of variables, and when the government becomes a "Whale", its every move stirs the nerves of the market. According to a report by the UK's Telegraph on the 19th, the Home Office is working with the police to liquidate about 61,000 coins, valued at approximately $7.2 billion (around £5 billion) in Bitcoin. This batch of Bitcoin originates from earlier in 2024, when a woman named Jian Wen was convicted of international money laundering activities, and the UK's Crown Prosecution Service had frozen and confiscated her assets as early as 2021. At that time, the value of these Bitcoins was about $1.7 billion, but now, due to the price surge, it has become a key "windfall" in the hands of UK Chancellor of the Exchequer Rachel Reeves. Will this huge Bitcoin auction impact the market? And how will it affect global perceptions of crypto assets?
BTC-1,2%
WEN0,69%
MarketWhisper·2025-07-21 06:29