New clues in the Qian Zhimin case: over 120,000 Bitcoins are missing, including 20,000 coins claiming "password lost".

On November 28, China News Weekly published an article titled “Can the 40 Billion Bitcoin Taken by Qian Zhimin be Returned to China?”, which pointed out that when Qian Zhimin arrived in the UK in September 2017, he held approximately 70,000 Bitcoins, worth 305 million pounds. In October 2018, the London police conducted their first search of his residence in Hampstead, uncovering an additional 163,000 pounds in cash, alongside evidence of the transfer and conversion of over 18,800 Bitcoins, gradually pinpointing clues to about 61,000 Bitcoins. A special audit revealed that from August 2014 to July 2017, Lantian Ge Rui raised over 40.2 billion yuan, all of which was controlled and managed by Qian Zhimin. From April 2014 to August 2017, Lantian Ge Rui refunded over 34.1 billion yuan to 128,409 people, and another 1.14 billion yuan was used to purchase Bitcoins. Documents obtained from the UK court also indicated that Qian Zhimin had purchased a total of 194,951 Bitcoins, exceeding the 61,000 Bitcoins identified by the police. However, the court did not disclose the status of the remaining more than 120,000 Bitcoins. This implies that there is a high possibility that Qian Zhimin's assets still include Bitcoins that have not been discovered or confiscated. In an interview with the British media, Detective Joe Ryan from the London Metropolitan Police revealed that Qian Zhimin claimed that the password for his wallet containing 20,000 Bitcoins was “lost.” Based on the latest market conversion rate, these “lost” Bitcoins alone are valued at approximately 12.5 billion yuan.