Unveiling the Enigma: The Intricate $6 Billion Bitcoin Laundering Case
Jian Wen is currently facing charges of Bitcoin money laundering in a London court, as part of an alleged $6 billion investment scam. However, her defense team claims that she was manipulated by the true mastermind behind the scheme.
The prosecution argues that Wen, who worked for her employer Yadi Zhang, converted Bitcoin into cash through intermediaries and used the funds to purchase a flat in Dubai. On the other hand, Wen asserts that she had no knowledge that her employer’s wealth was obtained through criminal means, even when over £1.7 billion worth of Bitcoin was seized from her home.
The defense team contends that Zhang manipulated Wen, described by defense lawyer Mark Harris as the true mastermind behind the scheme. Harris stated, “Yadi Zhang is a super villain, and there’s no other way to describe that.” He added that no rational person would willingly participate in such a scheme, portraying Wen as an unwitting scapegoat in Zhang’s elaborate plan that deceived approximately 130,000 investors across China through sophisticated investment vehicles.
According to the defense, Zhang, who arrived in the UK in 2017 using a passport from St. Kitts and Nevis and fled in 2020, was a “master of deception.” The defense team highlighted Wen’s previous employment at a fast food restaurant before becoming involved in money laundering for Zhang in 2017, emphasizing how she transformed from an ordinary employee into an unwitting suspect under Zhang’s influence.
Harris revealed that Zhang’s alleged goal of establishing a kingdom in Liberland, a territory between Croatia and Serbia, required Wen to serve as the unwitting linchpin in her intricate plot.
Read more:
Chainalysis: Crypto money laundering decreases by 29% as Lazarus and others respond to mixer sanctions
Follow Us on Google News
