UK Police Seize $7.3 Billion in Bitcoin

[nihalsari]

UK authorities have made history with the largest crypto seizure in the country: 61,000 BTC worth $7.3 billion.

The tokens belonged to Chinese national Zhimin Qian, who defrauded around 128,000 people over three years. Police tracked her activity for seven years before securing the massive crypto haul, dwarfing previous incidents like the Bybit hack ($1.5B).

This seizure highlights the scale of crypto-related fraud and the effectiveness of long-term law enforcement efforts.

[EmTeam]

The 61,000 BTC seizure shows just how massive Zhimin Qian’s fraud really was.

[Nahid Hossen]

Seven years of tracking to recover $7.3B proves law enforcement can catch up, even in crypto.