11 years and August imprisonment for a fraudster with Bitcoin worth KRW 9 trillion, and seeing at the moment of arrest...
Nov 12, 2025
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There are 61,000 Bitcoin seized by the police alone, which amounts to about 5 billion pounds (about 9.24 trillion won) in currency.
According to the British media Daily Mail, a 47-year-old Chinese woman, Chen Zemin, has been on the run for six years in the UK after tricking 128,000 Chinese investors into taking money and diverting them into large amounts of cryptocurrency.
Meanwhile, a video of Chen Zemin's arrest attempt was released in October 2018.
At the time, she was sleeping on the bed of the accommodation.
When the police came in, she gave a fake name and ID for a while when she was surprised, and insisted that she should lie down because her head and legs hurt.
Police were then able to finally arrest her on the bed of an Airbnb accommodation in York in April 2024.
According to the investigation, she entered the UK in 2017 with forged documents via Southeast Asia.
Since then, the price of bitcoin has soared more than 10 times, and the amount of funds siphoned off has increased to around KRW 9 trillion.
Some cashing in and renting luxury properties in London, Scotland, York, and elsewhere, living like 'queen'. I also bought diamonds, luxury watches, and famous designer clothing. It also tried to buy luxury properties in Dubai and Tuscany, Italy.
Then, he was caught trying to buy a £23.5 million mansion in London.
Police tracked down Wen's cryptocurrency transactions, a servant, and found her hiding place, eventually arresting her on the bed of a York accommodation.
On the 11th (local time), the Southwark Criminal Court in London sentenced her to 11 years and eight months in prison on charges of money laundering and obtaining criminal proceeds. Her servant was sentenced to four years and 11 months in prison on charges of transferring criminal proceeds.
The British government is currently in the process of legal proceedings to maintain her assets seized in the High Court.
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This article was translated by Naver AI translator.
