Analysts have disclosed a cluster of 28,555 Bitcoin wallets associated with the Qian Zhimin case, with a total value of approximately $1.8 billion.
58 minutes ago
On-chain investigator Specter disclosed that a wallet cluster holding approximately 28,555 Bitcoin (BTC, valued at ~$1.8 billion) has been identified, and it is possibly linked to the 60,000 BTC money laundering case involving Qian Zhimin. Weeks ago, a Bitcoin wallet dormant since 2017 suddenly transferred 1,020 BTC (worth ~$60 million) and began dispersing the funds across multiple addresses, exhibiting typical money laundering patterns. After tracing these transactions, analysts locked onto an on-chain wallet cluster connected to addresses previously tied to Qian Zhimin’s case by UK law enforcement. Qian Zhimin perpetrated large-scale investment fraud in China between 2014 and 2017, defrauding over 128,000 investors. UK authorities subsequently traced the flow of crime proceeds converted into Bitcoin, and the Metropolitan Police ultimately seized 60,000 BTC in the largest cryptocurrency seizure in UK history. In July 2021, UK authorities transferred the seized Bitcoin, creating identifiable on-chain address links. Based on on-chain evidence, analysts noted it is currently impossible to determine if these wallets remain controlled by the same actors, have been transferred to other custodians, or have already been identified by law enforcement.
CME's July contracts set a new trading record of 27 million, rising 23% year-on-year.
6 minutes ago
Robot manufacturer AI² Robotics is considering an IPO in Hong Kong.
6 minutes ago
WTI crude oil futures plunged 3% intraday.
6 minutes ago
Wells Fargo to launch tokenized deposit services for corporate clients
6 minutes ago
US Treasury Secretary: We could reach an Iran deal as early as tomorrow to open the Strait of Hormuz.
6 minutes ago
Wintermute: Marginal sell orders in crypto are nearly exhausted, but it is still not advisable to go heavy in betting on a strong rebound.
6 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

