The mastermind of a 60,000 Bitcoin money laundering case, Qian Zhimin, will stand trial in London on September 29. Domestic victims will need to pursue their own legal rights.

BlockBeats News, September 15th, according to Caixin report, the main perpetrator of a 60,000 Bitcoin money laundering case, Qian Zhimin, will stand trial on September 29, 2025, at the Southwark Crown Court in London. It was revealed that for Chinese victims, in the UK's civil asset recovery process for proceeds of crime, they will need to "protect their own rights." This case involves issues such as cross-border money laundering, and cryptocurrency asset recovery, and is seen as a milestone test of cross-border financial crime regulation and governance in the digital currency era.

Qian Zhimin is accused of illegally raising about 43 billion yuan through a Ponzi scheme-like "investment financial management" product operated by Tianjin Blue Sky Grid Electronic Technology Co., Ltd. from 2014 to 2017, affecting 130,000 victims. This case is not only one of the landmark events in China's history of illegal fundraising but also the largest cryptocurrency money laundering case in British judicial history.