A British individual was found guilty of laundering large sums of bitcoin (BTC) for a Chinese fugitive linked to an alleged $6 billion investment fraud, Bloomberg reported on Wednesday.A London jury determined that Jian Wen, who rejected the allegations, assisted her former employer in laundering monies between 2017 and 2022.The jury was unable to reach a resolution on two more accusations. The 42-year-old had already been cleared of additional money laundering allegations in a separate trial.
In a 2018 operation, U.K. police confiscated more than 1.7 billion pounds ($2.2 billion) in bitcoin tied to the alleged scam.Jian Wen was accused of laundering Bitcoin on behalf of her former employer, Yadi Zhang (actual name Zhimin Qian).Zhimian is accused of duping over 130,000 investors in China in an investment fraud that prosecutors say netted nearly $6 billion.Jian will be sentenced on May 10.