Odaily Planet Daily News Jian Wen, one of the suspects in the UK's largest Bitcoin money laundering case, must repay more than $3.78 million (£3.1 million) or face the risk of an additional seven years in prison. The order is part of a confiscation order following a money laundering conviction.
A recent statement from the UK Crown Prosecution Service (CPS) said: "Prosecutors told the court that the large amount of seized Bitcoins and the lack of legal evidence about their source all indicate that these are criminal property." (Decrypt)
Last May, a court in London, UK, made a sentencing ruling on a Bitcoin money laundering case. Jian Wen was sentenced to 6 years and 8 months for assisting his employer Qian Zhimin in laundering 150 Bitcoins. At current prices, these Bitcoins are worth $15 million.
During the investigation of Wen and Qian, British police seized more than 61,000 Bitcoins, the largest amount of cryptocurrency ever seized in the UK.