Unmasking China’s Cryptoqueen: Behind Britain’s biggest bitcoin seizure – BBC World Service Docs

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This is the story behind Britain’s biggest ever seizure of cryptocurrency.

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Between 2014 and 2017, thousands of ordinary Chinese people handed their money over to an investment company that promised them fabulous riches. That vision collapsed when the shadowy figure behind it, Qian Zhimin, fled to the UK with a Bitcoin stash bought with their money.

#BBCEye Investigations speaks to victims and the UK police to find out how the scheme worked, how Qian was caught and what will happen to the huge haul of Bitcoin seized from her.

00:00 Qian Zhimin: The Chinese cryptoqueen    
00:44 The scam that reached every province in China
03:22 Qian escapes China for the UK
06:32 A dream of becoming queen of Liberland
10:20 What will happen to the bitcoin worth billions of pounds?

🚨 UPDATE 11/11/25: Cryptoqueen who fled China for London mansion jailed over £5bn Bitcoin stash: https://www.bbc.co.uk/news/articles/cvg4w1g9ezko

🎞️ Watch more investigative journalism from our award-winning BBC Eye investigations team at this documentary playlist: https://www.youtube.com/playlist?list=PLz_B0PFGIn4fa8LK1lptsvoA_spfJhzda

🎧 Listen to The Documentary podcast “The Chinese Cryptoqueen” here: hhttps://www.bbc.co.uk/sounds/play/w3ct8vcl

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Date: November 11, 2025

28 thoughts on “Unmasking China’s Cryptoqueen: Behind Britain’s biggest bitcoin seizure – BBC World Service Docs

  1. So instead of reversing the transactions and sending the equal amount of crypto back to the address that sent it they seize it. Love how as long as you’re behind a badge or government you can do whatever but the moment somebody else steals funds it’s illegal.

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