The mastermind of a 60,000 BTC money laundering case, Qian Zhimin, is expected to be released in 2030

On November 12th, according to a report by Caixin, Qian Zhimin, the mastermind behind a 60,000 BTC money laundering case, was sentenced to 11 years and 8 months in prison at Southwark Crown Court in the UK on Tuesday. Since Qian Zhimin was remanded in custody on April 23, 2024, and about 18 months have passed, this time will be directly deducted from his total sentence. According to the UK's "automatic release halfway" rule, ordinary offenders with fixed sentences can transition to the community supervision stage after serving half of their sentences. Based on this calculation, it is expected that she will be released in late February 2030. In addition, Qian Zhimin will also be subject to a 5-year Serious Crime Prevention Order (SCPO), which will take effect upon her release. Analysts point out that Qian Zhimin's sentencing marks the end of the criminal aspect of this case, but the real complexity of how to handle the 60,000 bitcoins has just begun.