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BTC $71,842.36 +1.75%
ETH $2,185.37 +0.66%
BNB $602.22 +0.69%
XRP $1.34 +1.01%
SOL $83.15 +1.17%
TRX $0.3206 +0.93%
DOGE $0.0922 +1.09%
ADA $0.2525 +1.71%
BCH $443.75 +0.68%
LINK $8.92 +2.54%
HYPE $39.78 +3.86%
AAVE $89.85 -0.40%
SUI $0.9271 +2.72%
XLM $0.1559 -0.15%
ZEC $368.53 +15.29%

ltd.

The main suspect in the case of laundering 60,000 bitcoins, Qian Zhimin, pleaded guilty in court in the UK

ChainCatcher news, the Public Security Bureau of Hedong District, Tianjin, announced today that Qian Zhimin, the main suspect in the illegal public deposit case of Lantian Gerui Electronic Technology Co., Ltd., appeared in court at Southwark Crown Court in London, UK, on September 29, 2025, after fleeing to the UK for many years. He is suspected of money laundering and pleaded guilty in court.The police stated that they are currently continuing cross-border cooperation with British law enforcement agencies to pursue fugitives and recover assets, making every effort to compensate the losses of the fundraising participants. The police remind investors to express their demands rationally in accordance with the law and to be wary of unauthorized cross-border "asset recovery agents" to avoid being deceived again.Public information shows that Qian Zhimin was the founder and actual controller of Tianjin Lantian Gerui Electronic Technology Co., Ltd., which engaged in illegal fundraising under the guise of "blockchain computing power investment" and "Bitcoin mining financial management," raising tens of billions of yuan. Among the assets involved in the case are approximately 60,000 bitcoins. After the case broke in 2017, Qian Zhimin fled the country and has been hiding in the UK for a long time.

Cai Wensheng acquires China Financial Leasing Co., Ltd. at a premium, focusing on AI, Web3, and Hong Kong technology incubation

ChainCatcher news, according to Dongfang Caifu Net, China Financial Leasing announced that the original shareholders Lin Shusong and Capital Venture have transferred a total of 121 million shares to an independent third party, Longling Capital (the offeror), accounting for approximately 34.96% of the company's total share capital, for a total consideration of 46.08 million Hong Kong dollars.According to the announcement, the offeror intends to make a full offer at a cash price of 0.38 Hong Kong dollars per share. This price represents a premium of 13.43% over the company's closing price of 0.335 Hong Kong dollars before the suspension of trading, and the total amount involved in this full offer is expected to be approximately 85.74 million Hong Kong dollars. The offeror is ultimately beneficially owned by Cai Wensheng, the founder and single largest shareholder of Meitu Company. The announcement clearly states that after the offer deadline, the plan is to maintain the company's listing status.The announcement noted that Cai Wensheng expressed his intention to transform the group into an asset management platform, focusing on investing in technology incubation companies in Hong Kong, and to increase investment in areas such as artificial intelligence, Web3 industry, and digital asset financial products, aiming to develop the group into a world-class investment holding group.According to market data, the stock price of China Financial Leasing is currently reported at 1.4 Hong Kong dollars, with a 24-hour increase of 317.91%.
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