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UK Court Hands Nearly 12-Year Sentence in Massive £5B Bitcoin Case
A woman who evaded authorities for nearly five years while amassing one of the largest cryptocurrency fortunes ever seized in the UK was sentenced to more than 11 years in prison. According to the Crown Prosecution Service, the individual was arrested in a York suburb last year after police tracked a wallet linked to her Bitcoin holdings. She reportedly fled China following a massive investment fraud that defrauded over 128,000 people of roughly £4.6bn between 2014 and 2017. She converted tens of millions of pounds into Bitcoin before entering the UK on a false passport and living in luxury rented properties with ... (full story)
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