What is "a crime linked to money laundering"? Was she convicted just of money laundering or had additional charges?
She claimed that she mined the Bitcoin. Did the prosecution find that she obtained it another way? If so which way?
She claimed that she mined the Bitcoin. Did the prosecution find that she obtained it another way? If so which way?
> Wen tried to buy a string of expensive houses in London, but struggled to pass money-laundering checks and her claims she had earned millions legitimately mining Bitcoin were not believed.
> CPS chief crown prosecutor [..] said [...] cryptocurrencies "are increasingly being used by organised criminals to disguise and transfer assets [...]".
which is indeed money laundering, not tax evasion.
> Wen was ultimately arrested and convicted of one count of money laundering after two trials and acquittals on 10 other counts. She was not accused of involvement in the original alleged China fraud.
> On Monday she was convicted of entering into or becoming concerned in a money laundering arrangement.
Which sounds like she was facilitating money laundering without holding any criminal property herself. For a more comprehensive explanation, see e.g. https://www.jmw.co.uk/blog/business-money-laundering/three-m...
It sounds like what the US often calls "conspiracy to ...".
from this thread https://news.ycombinator.com/item?id=40511214