ChainCatcher news, according to Bloomberg, the main suspect in the UK’s 60,000 Bitcoin money laundering case and the Tianjin Lantian Ge Rui 43 billion yuan illegal fundraising case, Qian Zhimin (phonetic, alias Zhang Yadi), was arrested in April this year and charged with two counts of money laundering. The UK’s Crown Prosecution Service accused her of holding and transferring illegal cryptocurrency on or before April 23. A man named Seng Hok Ling was also charged alongside her; he pleaded not guilty to a charge of participating in money laundering arrangements knowing or suspecting that the property was criminal. The trial is set to begin on September 29, 2025, at Southwark Crown Court. "Her lawyer stated after the hearing: 'Ms. Zhang denies all criminal charges and plans to actively defend herself.'"

ChainCatcher news, according to Caixin reports, in the Blue Sky Ge Rui 43 billion yuan illegal fundraising case, it is expected that less than 5% can be recovered domestically. Currently, 61,000 bitcoins have been seized by the British police. A hearing on the proceeds of crime will be held in September 2024. Caixin has found that there are very few successful cases of cross-border asset recovery in China through public channels.In addition, according to international practices, sharing is the mainstream method for cross-border asset recovery and disposal of confiscated assets. The International Cooperation Department of the Ministry of Justice of China responded that it does not have specific case information and it is not convenient to disclose it.