A north London woman has been jailed for money laundering relating to a cryptocurrency wallet with a value of £1.7 million.
Jian Wen, of Parade Mansions in Hendon, was sentenced to six years and eight months imprisonment for entering into, or becoming concerned in, a money laundering arrangement.
The 42-year-old was sentenced at Southwark Crown Court on Wednesday, May 22.
Her conviction relates to a cryptocurrency wallet which contained 150 bitcoin, which at the relevant time had a £1.7 million value.
Commander Steve Clayman, whose team led the investigation, said: “Thanks to the hard work and perseverance of highly skilled detectives in the Met, we have been able to disrupt a sophisticated economic crime operation – the sheer scale of which demonstrates how international criminals seek to exploit cryptocurrency for illegal purposes.
“Our team has helped secure justice and has persevered to trace this Bitcoin and identify the criminality it was linked to.”