Lookonchain APP

App Store

The mastermind behind a 60,000 BTC money laundering case, Qian Zhimin, also holds XRP in addition to Bitcoin.

2025.11.17 09:40:27

On November 17th, according to Caixin's report, Qian Zhimin, the mastermind behind a 60,000 BTC money laundering case, was captured by the police with a digital device. On the eve of the criminal trial scheduled for September 2025, he provided the access code for the device and the passwords for two encrypted wallets. As a result, the police discovered that in addition to the 61,000 BTC, he also held other cryptocurrencies with a total value of 67 million pounds, including Bitcoin and XRP. Previously reported, in June 2014, Qian Zhimin instructed his "frontman" to open an account for him and used 180 million yuan of investor funds to purchase 100,250 BTC. Subsequently, the BTC in the account increased to 143,951. Between January and June 2017, he used 468 million yuan of investor funds to purchase 51,000 BTC through over-the-counter (OTC) trades. Thus, Qian Zhimin accumulated a total of 194,951 BTC.
Relevant content

SpaceXAI: The Grok chatbot is already in the testing phase.

SpaceXAI has announced that its Grok chatbot is now in the testing phase, and starting today, it is available to desktop and iOS users who subscribe to the SuperGrok Heavy, Cursor Ultra, and Cursor Teams Premium plans.

50 minutes ago

Trend-following funds have taken a record short position in global bonds, with the US CPI report expected to be the key determinant of their profit and loss.

According to Bloomberg, data from UBS Group shows that Commodity Trading Advisors (CTAs), which seek to profit from price movements across various asset classes, tripled their underweight positions in bonds in July from two weeks prior. Since then, these bets have remained stable. If the upcoming U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) push Treasury prices higher, the CTAs face the risk of losses. Strategist Nicolas Le Roux noted that a 1-basis-point move in the 10-year Treasury yield ahead of inflation data translates to roughly $300 million in profit or loss for CTAs, with this exposure being the largest UBS has recorded since it began compiling relevant data in 1990.

50 minutes ago

Brad Lightcap, head of special projects at OpenAI, is set to depart.

According to a report from The Information, Brad Lightcap, head of special projects and former chief operating officer (COO) of OpenAI, is set to leave the company. Over the past year, Lightcap’s internal responsibilities at OpenAI have undergone multiple adjustments, with his latest role being leading "special projects". A long-time core member of OpenAI’s management team, Lightcap shifted from his COO position to lead special projects in early 2026 during an executive reshuffle, overseeing cross-company matters including complex transactions and strategic investments, and reporting directly to CEO Sam Altman. His departure comes as OpenAI continues to expand its commercialization efforts, advance enterprise business and strategic partnerships. The company has previously implemented multiple rounds of organizational restructuring, including transferring some COO responsibilities to other executives. Brad Lightcap joined OpenAI in 2018, and prior to that held roles at Y Combinator and JPMorgan Chase. He was one of the key operations and business leaders during OpenAI’s transition from a research institute to a commercial AI company.

50 minutes ago

Fed's Goolsbee: The biggest problem facing the economy is inflation

Federal Reserve's Goolsbee said that as long as consumption remains robust, the economy will stay healthy. The biggest problem facing the economy is inflation. (Jinshi)

50 minutes ago

Market News: ZoomInfo Data Now Integrated into Microsoft Copilot Studio

According to market reports, ZoomInfo data has now been integrated into Microsoft Copilot Studio, and is available for use in Microsoft 365 Copilot, Dynamics 365, Excel, and Word.

50 minutes ago

OpenAI Special Projects Lead Brad Lightcap to Step Down

According to a report from The Information, Brad Lightcap, OpenAI’s head of special projects and former chief operating officer, is set to leave the company.

50 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano