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16 Nov 2025

China's 'cryptoqueen' jailed in UK over $6.6 billion Bitcoin scam

China's 'cryptoqueen' jailed in UK over $6.6 billion Bitcoin scam(11 Nov 2025) RESTRICTION SUMMARY: ASSOCIATED PRESS London, UK – 7 November 2025 1. Exterior of Metropolitan Police headquarters 2. SOUNDBITE (English) Will Lyne, Head of Economic and Cybercrime at Metropolitan Police Service: “So today’s sentencing brings to a close one of the longest running, largest and most complex economic crime investigations that the Metropolitan Police have ever undertaken. The investigation involved the seizure of assets including 61,000 Bitcoin which is currently worth at today’s price is around 5 billion pounds ($6.6 billion) plus over 200 million pounds ($263 million) of other non-cryptocurrency assets and all relates to criminality predicate offending from China – a fraud or Ponzi scheme, investment scheme, that took place from 2014 through to 2017

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