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NEWS: Woman guilty of laundering bitcoin in UK from $6.3BN China fraud

By Sam Tobin

A woman accused of converting bitcoin into cash and property to help hide the proceeds of a 5 billion pound ($6.3 billion) fraud was this week convicted of one count of money laundering after a trial in a London court.

Prosecutors said Wen Jian helped hide the source of money allegedly stolen from nearly 130,000 Chinese investors in fraudulent wealth schemes between 2014 and 2017.

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