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

BlockBeats News, November 12th, according to Caixin report, the mastermind of a 60,000 BTC money laundering case, Qian Zhimin, was sentenced to 11 years and 8 months in prison on Tuesday at Southwark Crown Court in the UK. As Qian Zhimin has been remanded in custody for about 18 months since April 23, 2024, this time will be deducted directly from his total sentence. According to the UK's "automatic release halfway" rule, ordinary determinate sentence offenders can transition to the community supervision stage after serving half of their sentence. Based on this calculation, she is expected to be released in late February 2030.

In addition, Qian Zhimin will also be subject to a 5-year Serious Crime Prevention Order (SCPO) to take effect upon her release. Analysts point out that Qian Zhimin's sentencing brings the criminal part of this case to a close, but the real complexity of how to deal with the 60,000 bitcoins is just beginning.