Cryptocurrency Fraud , Fraud Management & CybercrimeBitcoin Fixer Convicted for Role in Money Laundering Scheme$7 Billion Illicit Bitcoin Horde: Malaysian National Latest to Plead GuiltyHok Seng Ling (Image: Metropolitan Police Service)A Malaysian national pleaded guilty Tuesday in an English courtroom to supporting an investment fraud scammer who converted stolen assets into a cryptocurrency treasure trove now worth $7.1 billion. Qian targeted Chinese investors but fled the mainland in July 2017 after local authorities began an investigation (see: Fraudster Tied to $6.9 Billion Bitcoin Hoard Pleads Guilty). A potential showdown looms between prosecutors and Chinese victims, since British law allows them to apply for compensation. Qian used a fake St. Kitts and Nevis passport to enter the U.K. in 2017, smuggling in laptops containing the cryptocurrency assets. In 2018, she attempted to launder the bitcoin by purchasing property, assisted by a London-based Chinese woman named Jian Wen.