UK police recovered 61,000 bitcoin (about $6.7B) linked to a China‑based fraud that targeted 128,000 victims, after a seven‑year, multi‑jurisdiction probe. The principal, Zhimin Qian (aka Yadi Zhang), pled guilty, showing coordinated investigators can trace, freeze, and forfeit even vast on‑chain assets.
— It undercuts the belief that cryptocurrency is beyond law‑enforcement reach and strengthens the case for cross‑border AML and asset‑recovery regimes.
BeauHD
2025.10.15
80% relevant
DOJ’s reported seizure of about $15B in bitcoin wallets tied to Prince Holding Group shows law enforcement can trace and forfeit vast on‑chain assets across borders, echoing prior large crypto recoveries.
BeauHD
2025.09.30
100% relevant
Metropolitan Police statement: recovery of 61,000 BTC and guilty plea at Southwark Crown Court.
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