Former Takeaway Worker Convicted in UK's Largest Cryptocurrency Laundering Case
Jian Wen, 42, was found guilty of laundering over £3 billion worth of Bitcoin linked to a massive investment fraud in China.
- Jian Wen, a former takeaway worker, was convicted of money laundering after being found with Bitcoin wallets worth over £3 billion.
- The conviction is linked to an investment fraud in China, where nearly 130,000 investors were defrauded between 2014 and 2017.
- Prosecutors seized 61,000 Bitcoin, marking the largest cryptocurrency seizure in the UK.
- Wen's lavish lifestyle included renting a six-bedroom house in north London and purchasing properties in Dubai.
- Wen is due to be sentenced on May 10, following a conviction that highlights the use of cryptocurrencies in organized crime.