[Qian Zhimin Pleads Guilty to Two Charges, Lawyer Claims Cryptocurrency Rise Can Compensate Investor Losses]
Caixin has disclosed details of a money laundering case involving 60,000 Bitcoins. The main defendant, Qian Zhimin, has pleaded guilty, but only to two charges brought by the UK Crown Prosecution Service: acquiring criminal property (cryptocurrency) and possessing or transferring criminal property (cryptocurrency). Efforts for cross-border asset recovery and loss mitigation are still ongoing, with greater challenges in Sino-British judicial cooperation.
Qian Zhimin's defense lawyer, Roger Sahota, stated that his guilty plea aims to reassure investors who have been waiting for compensation since 2017, emphasizing that the rise in cryptocurrency value is sufficient to cover investor losses. This statement has drawn external attention, particularly regarding the potential implications behind it. The case's subsequent developments remain worth monitoring.