Woman found with £2bn in Bitcoin convicted of money laundering

Jian Wen, 42, from Hendon in north London, has been convicted at Southwark Crown Court of entering into or becoming concerned in a money laundering arrangement, linked to Bitcoin worth more than £2bn. The Met Police said the seizure is the largest of its kind in the UK, and that Wen helped convert the currency into assets including multi-million-pound houses and jewellery. The CPS has obtained a freezing order from the High Court while it pursues a civil recovery investigation that could lead to forfeiture of the Bitcoin, which has since risen in value to around £3.4bn. Wen is due to be sentenced on 10 May.