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Chinese woman pleads guilty to Bitcoin laundering ahead of UK trial (update*)

By Martin Coyle ( September 29, 2025, 16:04 GMT | Insight) -- A Chinese national accused of laundering Bitcoin in connection with an alleged multibillion-dollar investment fraud pleaded guilty to criminal charges on the first day of her UK trial on Monday. UK police say she orchestrated a large-scale fraud in China by defrauding more than 128,000 victims, and that it had seized more than £5.5 billion worth of cryptocurrency — believed to be the largest seizure ever*.A Chinese national accused of laundering Bitcoin in connection with a multibillion-dollar investment fraud pleaded guilty to criminal charges on the first day of her UK trial on Monday....

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