The main suspect of the Blue Sky Ge Rui case denies Money Laundering charges in the UK

Recently, Qian Moumou, the main suspect in the case of illegal public deposit absorption involving Lantian Ge Rui, pleaded not guilty to Bitcoin money laundering charges at the Southwark Crown Court in London. This case has attracted widespread attention, prompting us to delve into the background and details of this mysterious figure and the case he is involved in.

The Mysterious Background of Qian Moumou

The story of Qian Moumou dates back to March 2014. At that time, she registered Tianjin Ge Rui Electronic Technology Co., Ltd. with others in Tianjin and began to promote so-called "capital-protected high-yield" short-term investment financial products to the elderly. These products promised an annualized return rate of up to 100% to 300%, with investment periods ranging from 6 to 30 months.

In an environment with lax regulation, Blue Sky Ge Rui rapidly expanded, establishing dozens of branches nationwide, with the number of victims exceeding 100,000. Through this illegal fundraising method, a certain Mr. Qian accumulated hundreds of billions in a short period.

There are many doubts regarding the identity of Qian Moumou. Rumors claim that she has a PhD from Tsinghua University, but investigations suggest this may not be true. Additionally, there are reports that she studied in the United States and is proficient in finance. Notably, there have been reports that Qian Moumou was involved in a car accident, resulting in mobility issues and requiring her to use a wheelchair.

Bitcoin and Money Laundering Allegations

Qian Moumou is not only good at fooling investors, but also shows business acumen, especially in the field of cryptocurrency. As early as 2013, she seized the opportunity in Bitcoin mining, establishing a sizable "mining farm" and providing mining machine hosting services.

As she deepened her understanding of Bitcoin's characteristics, Ms. Qian realized its "advantages" in fund transfer and Money Laundering. She took advantage of the regulatory gap in cryptocurrency assets to convert a large amount of funds absorbed by Lantian Ge Rui into Bitcoin through digital currency trading platforms, preparing for possible future evasion.

Case Progress and Asset Disposal

In April 2017, the public security authorities initiated an investigation into Lantian Ge Rui. In June 2019, the Hedong Branch of the Tianjin Public Security Bureau reported that 50 criminal suspects, including the company's legal representative, had been arrested. In February 2021, the Hedong District People's Court of Tianjin publicly heard the case, and the legal representative, Ren Moumou, was sentenced to 10 years in prison and fined 500,000 yuan for participating in the illegal absorption of public deposits exceeding 40.2 billion yuan.

A certain Qian, after the incident, used the alias "Zhang Yadi" and entered the UK with a Saint Kitts and Nevis passport. It is reported that the laptop she carried contained a Bitcoin cold wallet, which held a large amount of funds from illegal fundraising. According to a special audit, Blue Sky Grace has raised over 40.2 billion yuan, of which more than 1.14 billion yuan was used to purchase Bitcoin.

Currently, the Crown Prosecution Service in the UK has initiated civil recovery proceedings for the frozen assets. If no other parties claim rights to these assets, half will belong to the UK police, while the other half will be allocated to the UK Home Office for dealing with the proceeds of crime and preventing further criminal activity.

Investors Face Challenges in Seeking Compensation

For domestic investors, recovering losses is not an easy task. The UK side stated that it is necessary to wait for the case judgment before advancing the recovery process based on the registered creditor's rights situation. This process may be quite lengthy, similar to the handling procedures of other cross-border financial cases.

This case serves as a reminder for investors to stay vigilant and not be tempted by high returns. When faced with seemingly attractive investment opportunities, caution and rationality are always the best shields.