Cryptocurrency Legend: Qian Zhimin, who promised you three lifetimes of wealth, ran away with 61,000 Bitcoin?

Crazy Bitcoin, a group of Chinese people emerged. Zhao Changpeng, who just spent four months in prison in the United States, Sun Yuchen, who made a splash at a dinner with Trump, and Qian Zhimin, are yet another legends.

​This is a mysterious figure. During the peak of Qian Zhimin's money-raising period, he surprisingly appeared under a pseudonym and a veil. What can be confirmed is that he was born in 1978 in Jiangsu, has a college degree, has been married, and is now divorced. His early experiences are widely debated, but what is confirmed is that in 2013, at the age of 35, Qian Zhimin used the alias Li Xia to orchestrate a massive pyramid scheme in Anhui. After the case broke out, many involved were arrested, but he fled with the charges against him. This case is popularly known as the Camellia Oil case.

​In 2014, a company named Blue Sky Ge Rui appeared in Tianjin, with a veiled operator named Hua Hua, who claimed to be born in 1990 and a Tsinghua graduate. This is another alias of Qian Zhimin. Blue Sky Ge Rui divided the country into seven large regions, promoting financial products everywhere, illegally absorbing public deposits with one to three times the return, involving an amount as high as 40 billion RMB. In 2017, it collapsed, and Hua Hua, the 40-year-old Qian Zhimin, fled. Blue Sky Ge Rui's slogan: Give Ge Rui three years, and Ge Rui will give you three lifetimes of wealth.

​In March 2024, British police cracked a Bitcoin money laundering case, arresting Qian Zhimin, with a case value of 61,000 Bitcoin, worth 32 billion RMB at the highest market value at that time. This time, it will be very difficult for Qian Zhimin to escape again; the British police will not easily release him, and the Chinese police are also pursuing him. #我的COS交易 $BTC