The authority’s suspicion was based on Wen's change in lifestyle. In 2017, she reportedly moved to a six-bedroom mansion in North London.
The hospitality worker who was found in possession of $2.5 billion in Bitcoin and was convicted of money laundering charges by a United Kingdom specialized court in March was jailed for six years and eight months on May 24.
According to a BBC report, the hospitality worker Jian Wen, 42, from Hendon, in north London, was found guilty of money laundering charges for converting the fiat currency into crypto assets, including multi-million-pound houses and jewelry. The $2.5 billion Bitcoin (BTC) seizure was deemed the largest of its kind in the U.K.
The authority’s suspicion was based on Wen's change in lifestyle. In 2017, she reportedly moved to a six-bedroom mansion in North London costing about $21,420 a month after living in an apartment above a Chinese restaurant.
