Caixin: Details of Qian Zhimin's Bitcoin Purchases and Escape in the Blue Sky Greentech Case From 2014 to 2017, a total of 128,000 people invested over 40 billion yuan in Blue Sky Greentech. In June 2014, Qian Zhimin instructed her 'frontman' Ren Jiangtao to open an account for her on Huobi, using 180 million yuan of investor funds to purchase 100,250 Bitcoins, later increasing the total to 143,951 Bitcoins. In 2017, Qian Zhimin acquired another 51,000 Bitcoins through OTC transactions, using 468 million yuan of investor funds. Altogether, Qian Zhimin purchased a total of 194,951 Bitcoins. From late 2016 to 2017, Qian Zhimin transferred over 70,000 of these Bitcoins into a wallet stored on a laptop and fled China, eventually arriving in the UK. On July 26, 2017, Qian Zhimin smuggled herself out of China to Myanmar, carrying the laptop containing the Bitcoins. During her approximately one-month stay in hiding in Myanmar, she successfully obtained a Myanmar passport under someone else's name. On August 30, 2017, she used this Myanmar passport to fly from Myanmar to Thailand. On September 12, 2017, she used a Saint Kitts and Nevis passport obtained under the name Zhang Yadi to fly from Bangkok, Thailand, to Laos. A few days later, on September 15, she flew from Laos to Kuala Lumpur, Malaysia, and immediately transferred to a flight to the UK. Finally, on September 16, 2017, she successfully entered the UK using the passport, arriving at London Heathrow Airport. After fleeing to London, Qian Zhimin supported her lavish lifestyle by exchanging Bitcoins. However, her purchase of a luxury home triggered anti-money laundering scrutiny in the UK, leading to a police investigation that ultimately traced 60,000 Bitcoins. Full article: https://finance.(caixin.com)/2025-11-11/102381340.html?channel=1022&channelSource=jx_newsletter&originReferrer=jx_newsletter