Qian Zhimin has been sentenced to 11 years and 8 months in prison for money laundering involving over 60,000 BTC. This case, which involved a fraud scheme originating in China, resulted in the seizure of approximately £5 billion worth of Bitcoin. The UK High Court hearing served as a reminder that authorities are actively pursuing investigations into cryptocurrency-related crimes. The case demonstrates how organized crime groups are increasingly utilizing cryptocurrencies for illicit activities. 60,000 BTC seized is subject to legal process and currently held by law enforcement officials in the UK. Authorities have been working diligently to follow digital trails of cryptocurrency transactions and identify assets connected to these crimes.