The trial of the alleged mastermind of a $7 billion cross-border investment fraud is set to begin in London on September 29, with the case expected to set precedents for how authorities in the UK handle compensation for crypto-related financial crime. The defendant is Chinese national Zhimin Qian, who is the alleged organizer of a fraudulent investment scheme that victimized nearly 130,000 investors in China. She is alleged to have operated the Tianjin Lantian Gerui Electronic Technology Company, which between 2014 and 2017 sought customers for a Ponzi-style investment product that offered returns of between 100% and ... (full story)