--- title: £5B Bitcoin bandit sent down for 11 years | daily.dev description: A fraudster who stole funds from over 128,000 investors in China between 2014-2017 through a fake Bitcoin mining company has been sentenced to 11 years in... canonical: https://daily.dev/posts/5b-bitcoin-bandit-sent-down-for-11-years-thgmptwez twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: £5B Bitcoin bandit sent down for 11 years | daily.dev og:description: A fraudster who stole funds from over 128,000 investors in China between 2014-2017 through a fake Bitcoin mining company has been sentenced to 11 years in... og:url: https://daily.dev/posts/5b-bitcoin-bandit-sent-down-for-11-years-thgmptwez og:image: https://api.daily.dev/og/posts/THGmptwez.png og:image:alt: £5B Bitcoin bandit sent down for 11 years og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # £5B Bitcoin bandit sent down for 11 years **[The Register](https://daily.dev/sources/theregister)** · 5 min read · 0 upvotes · 0 comments ## Summary A fraudster who stole funds from over 128,000 investors in China between 2014-2017 through a fake Bitcoin mining company has been sentenced to 11 years in prison. She fled to the UK with stolen assets converted to cryptocurrency, cash, and jewelry. Police seized over 61,000 Bitcoin (worth £4.8 billion today) in what is believed to be the largest confirmed cryptocurrency seizure in history. The case highlights how law enforcement tracks cryptocurrency transactions to trace criminal assets, with the UK's National Crime Agency launching a campaign to warn about crypto investment fraud that cost victims millions in 2024. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [China pins 2020 bitcoin heist on the USA](https://daily.dev/posts/china-pins-2020-bitcoin-heist-on-the-usa-gcjhswzhk) · The Register · 0 upvotes · 0 comments - [Money launderer linked to $230M crypto heist gets 70 months in prison](https://daily.dev/posts/money-launderer-linked-to-230m-crypto-heist-gets-70-months-in-prison-pyiowncjp) · BleepingComputer · 0 upvotes · 0 comments - [Bonkers Bitcoin heist: 5-star hotels, cash-filled envelopes, vanishing funds](https://daily.dev/posts/bonkers-bitcoin-heist-5-star-hotels-cash-filled-envelopes-vanishing-funds-c10zn4fze) · Ars Technica · 0 upvotes · 0 comments - [Over 20,000 crypto fraud victims identified in international crackdown](https://daily.dev/posts/over-20-000-crypto-fraud-victims-identified-in-international-crackdown-owfoph6or) · BleepingComputer · 0 upvotes · 0 comments --- Tags: [#security](https://daily.dev/tags/security), [#crypto](https://daily.dev/tags/crypto), [#bitcoin](https://daily.dev/tags/bitcoin) [View this post on daily.dev](https://daily.dev/posts/5b-bitcoin-bandit-sent-down-for-11-years-thgmptwez) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"£5B Bitcoin bandit sent down for 11 years","url":"https://daily.dev/posts/5b-bitcoin-bandit-sent-down-for-11-years-thgmptwez","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/5b-bitcoin-bandit-sent-down-for-11-years-thgmptwez"},"datePublished":"2025-11-12T11:25:39.470Z","dateModified":"2025-11-12T11:26:02.839Z","description":"A fraudster who stole funds from over 128,000 investors in China between 2014-2017 through a fake Bitcoin mining company has been sentenced to 11 years in...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/2e861c88faab468a84e288a5e7e50b78?_a=AQAEulh","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/2e861c88faab468a84e288a5e7e50b78?_a=AQAEulh","isAccessibleForFree":true,"articleSection":"The Register","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Register","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/66aa2113fdad463992ffcbf0e8963fda","url":"https://daily.dev/sources/theregister"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/5b-bitcoin-bandit-sent-down-for-11-years-thgmptwez","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"security,crypto,bitcoin","timeRequired":"PT5M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Register","item":"https://daily.dev/sources/theregister"},{"@type":"ListItem","position":3,"name":"£5B Bitcoin bandit sent down for 11 years"}]} ```