Have you heard the story of CryptoQueen? 47-year-old Chinese woman Zhimin Qian, named CryptoQueen by the media, lived a life of luxury for years, defrauding investors around the world. Between 2014 and 2017, Kiyan attracted 128,000 people to invest in his fraudulent crypto investment platform. He promised that investors would get huge returns, but the reality was that he converted this money into Bitcoin. People trusted it with their life savings and pension funds. When the Chinese administration came to know about this matter, Qian left the country with a fake passport and shifted to Britain and remained away from the police there for a long time. Recently the British court caught him and sentenced him to 11 years. The judge said that Qian’s motive was only greed, he lied and conspired from the beginning. Because of this no apology can be given to him. This story reminds us how important it is to be cautious in crypto investments. Big greed and easy money can become a part of fraud at any time.
