PANews reported on September 15th that according to Caixin, the Qian Zhimin case, which shocked the world with its tens of billions of dollars in Bitcoin money laundering, will go to trial at London's Southwark Crown Court on September 29, 2025. The case, involving cross-border money laundering and the recovery of crypto assets, is seen as a landmark test of cross-border financial crime regulation and governance in the digital currency era. Qian Zhimin (also known as "Yadi Zhang" or "Huahua") is accused of illegally raising approximately 43 billion RMB through Tianjin Lantian Green Electronic Technology Co., Ltd. between 2014 and 2017 through Ponzi-like "investment and wealth management" products, victimizing 130,000 people. This case is not only a landmark event in China's illegal fundraising history, but also the largest cryptocurrency money laundering case in British judicial history. Earlier news reported that Qian Zhimin, the main culprit in the 60,000 bitcoin money laundering case, denied all criminal charges in the UK .PANews reported on September 15th that according to Caixin, the Qian Zhimin case, which shocked the world with its tens of billions of dollars in Bitcoin money laundering, will go to trial at London's Southwark Crown Court on September 29, 2025. The case, involving cross-border money laundering and the recovery of crypto assets, is seen as a landmark test of cross-border financial crime regulation and governance in the digital currency era. Qian Zhimin (also known as "Yadi Zhang" or "Huahua") is accused of illegally raising approximately 43 billion RMB through Tianjin Lantian Green Electronic Technology Co., Ltd. between 2014 and 2017 through Ponzi-like "investment and wealth management" products, victimizing 130,000 people. This case is not only a landmark event in China's illegal fundraising history, but also the largest cryptocurrency money laundering case in British judicial history. Earlier news reported that Qian Zhimin, the main culprit in the 60,000 bitcoin money laundering case, denied all criminal charges in the UK .

                                                                               Bitcoin’s market cycles may stretch longer as ISM manufacturing data remains weak, hinting at extended macro headwinds and slower business recovery.                     The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around.The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has since gained traction among macro-focused crypto analysts.“All 3 past Bitcoin cycle tops have broadly aligned with this monthly, oscillating index,” analyst Colin Talks Crypto noted, referencing the recurring overlap between Bitcoin’s market highs and the PMI’s cyclical peaks.Read more