China News Weekly: Qian Zhimin is very likely to still have Bitcoin that has not been discovered or confiscated, claiming that the password for his 20,000 BTC wallet is lost.

According to a report by “China News Weekly” on November 28, Deep Tide TechFlow news states that a special audit shows that from August 2014 to July 2017, Lantian Ge Rui raised more than 40.2 billion yuan, all controlled and allocated by Qian Zhiming. From April 2014 to August 2017, Lantian Ge Rui refunded more than 34.1 billion yuan to 128,409 people, with an additional more than 1.14 billion yuan used to purchase Bitcoin.

Documents obtained by the media from the UK court also reveal that Qian Zhimin purchased a total of 194,951 Bitcoins, which is higher than the 61,000 coins identified by the police. However, the court did not disclose the status of the remaining over 120,000 Bitcoins. This means that it is highly likely that Qian Zhimin's assets still include Bitcoins that have not been discovered or confiscated. In an interview with the UK media, Detective Joe Ryan from the London Metropolitan Police revealed that Qian Zhimin claimed to have “lost the password” to a wallet containing 20,000 Bitcoins. At the latest exchange rate, these “lost” Bitcoins are worth approximately 12.5 billion yuan.