Chinese fraud mastermind jailed in UK for laundering bitcoin | REUTERS

NOV 11 2025 · 12:00

Chinese fraud mastermind jailed in UK for laundering bitcoin | REUTERS

The mastermind of a vast Ponzi scheme in China that defrauded nearly 130,000 investors has been jailed in Britain for over 11 years for laundering the fraud’s proceeds into cryptocurrency now worth billions of dollars.

Source: YouTube

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