UK Sanctions Bust "Professional Money Launderer" Ordered to Pay Around $7.6 Million Fine

BlockBeats News, January 24th: The UK Crown Prosecution Service (CPS) has ordered that Sen Hok Ling, a key "middleman" in the Qingzhimin Bitcoin fraud case and known as a "professional money launderer," must pay £5 million (about $7.6 million) to the UK authorities within three months, or face an additional maximum sentence of 8 years.

CPS noted that Ling had assisted the convicted fraudster Qingzhimin (Zhimin Qian, also known as Yadi Zhang) in transferring funds. Between February and April 2024, Ling received a total of 83.7 bitcoins and cashed out through a UAE bank account and third-party channels.

Ling had pleaded guilty to a money laundering charge in November 2025 and was sentenced to 4 years and 11 months in prison. Qingzhimin, on the other hand, was sentenced to 11 years and 8 months for two money laundering charges. Furthermore, the final disposal of Qingzhimin's 61,000 bitcoins (the largest cryptocurrency seizure case in UK history) is still undergoing related civil proceedings. In the future, the funds may be used in whole or in part to compensate victims, with the remainder potentially going to the UK Treasury.