Woman guilty of laundering Bitcoin in UK from $6.3 bln China fraud
A woman accused of converting bitcoin into cash and property to help hide the proceeds of a 5 billion pound ($6.3 billion) fraud was this week convicted of one count of money laundering after a trial in a London court. Prosecutors said Wen Jian helped hide the source of money allegedly stolen from nearly 130,000 Chinese investors in fraudulent wealth schemes between 2014 and 2017. She was not alleged to have been involved in the underlying fraud, which prosecutors said was masterminded by a woman known to Wen as Zhang Yadi, whose real name is Qian Zhimin. As part of…