A woman has confessed to money laundering following the UK’s largest ever seizure of Bitcoin, valued at over £5.5 billion, as confirmed by the Metropolitan Police. Zhimin Qian, also known as Yadi Zhang, admitted to acquiring and holding criminal assets at Southwark Crown Court. The 47-year-old orchestrated a scam in China from 2014 to 2017, defrauding more than 128,000 victims and stashing the illicit gains in Bitcoin. Qian fled to the UK in 2018 using false documentation and attempted to launder the proceeds by purchasing property with the help of Jian Wen, who was later imprisoned for her involvement in the scheme. The Crown Prosecution Service emphasized the increasing use of cryptocurrencies by criminals to conceal and transfer assets, underscoring the significance of this case. The guilty plea by Qian signifies the culmination of extensive collaborative efforts between law enforcement agencies. The Met’s Economic and Cybercrime Command praised the years of meticulous investigation that led to uncovering the origins of the laundered cryptoassets. Detective Sergeant Isabella Grotto, who spearheaded the investigation, highlighted the dedicated work that spanned multiple jurisdictions and involved numerous documents. The successful outcome was achieved through unwavering commitment to justice and close cooperation with international partners.