Foresight News|Nov 28, 2025 07:40
[China News Weekly: Qian Zhiming purchased a total of 194,000 Bitcoins, exceeding the 61,000 identified by the police]
According to Foresight News, China News Weekly reported that court documents revealed Qian Zhiming purchased a total of 194,951 Bitcoins, exceeding the 61,000 identified by the police. However, the court did not disclose the status of the remaining 120,000+ Bitcoins. In an interview with British media, London Metropolitan Police detective Joe Ryan revealed that Qian Zhiming claimed he had 'lost the password' to a wallet containing 20,000 Bitcoins. Based on the latest market valuation, the value of these 'lost' Bitcoins alone is approximately 12.5 billion yuan.
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