Qian Zhimin / Lantian Gerui Claims:
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Qian Zhimin was sentenced in the UK in November 2025 to 11 years and 8 months for laundering $6–7 billion worth of funds obtained from the Lantian Gerui Ponzi scheme between 2014 and 2017, which defrauded investors in China of approximately 40 billion yuan. The assets were confiscated in the UK, litigation receivers were appointed over Lantian Gerui (February 2026), and the battle for compensation for the victims versus return to the state is ongoing.

If you are a victim/creditor, have a pending claim, or are awaiting a court decision, Reclaim Capital offers immediate liquidity: a personal offer in USDT/USDC within 48 hours.

Reclaim Capital is an independent team. We are not affiliated with Qian Zhimin, Lantian Gerui, the Crown Prosecution Service (CPS), the High Court of Justice (UK), the Metropolitan Police, Joint Liquidators, litigation receivers, or any official bodies in China or the UK. We do not submit or amend claims or provide legal services. We only conduct market valuations and purchase claims.

Current status of Qian Zhimin / Lantian Gerui claims in 2026

The Lantian Gerui (Tianjin Lantian Gerui Electronic Technology Co Ltd) Ponzi scheme operated from 2014 to 2017, promising 300% annual returns on “BTC and high-tech mining.” It defrauded over 128,000 investors, stealing approximately $6 billion. Qian Zhimin fled to the UK in 2017 and converted the funds into BTC. In 2021, UK police confiscated over 61,000 BTC (a record seizure). Qian was convicted of money laundering (POCA) in 2025.

In 2026: litigation receivers over Lantian Gerui (February), parallel insolvency proceedings, possible compensation for victims vs. CPS refund.

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Frequently Asked Questions Qian Zhimin / Lantian Gerui Claim 2026

Where should I start if I have been harmed by Lantian Gerui’s actions?
The main recommendation is to gather and securely store all relevant documentation. You will need bank statements (fiat transfers), original asset management agreements, screenshots from your personal accounts, and any preserved correspondence. In criminal forfeiture cases (POCA), Proof of Funds (proof of the origin of funds) and your ability to trace the path of your money to the scammers’ wallets play a key role.

Although filing claims through official government channels is usually free, the international nature of the case makes self-representation extremely difficult. The British legal system requires a clear analytical justification (tracing) of the link between your investments and the 61,000 BTC that were seized. The optimal strategy is to join existing organized groups of creditors or to engage specialized UK lawyers who focus on asset recovery.

All reliable information regarding the status of seized assets and compensation procedures is published exclusively by government agencies. Check regularly for updates on the websites of the Crown Prosecution Service (cps.gov.uk) and the UK Judiciary (judiciary.uk). If you are within the jurisdiction of the PRC, follow the instructions of local law enforcement authorities under the applicable compensation scheme.
High-profile seizures worth billions of dollars always attract scammers. Basic safety rules: Never transfer “advance payments,” “taxes,” or “unblocking fees” to shady brokers who promise to speed up a payout from a British court. Official authorities or court-appointed administrators never demand cryptocurrency in exchange for returning your funds.

The Zhimin Qian case involves criminal forfeiture proceedings, not a traditional commercial bankruptcy of a crypto exchange (such as Chapter 11 in the U.S.). Seized assets are controlled by the state. Under such conditions, there is no reliable and legal secondary market for the assignment of claims. Institutional funds only deal with transparent corporate liquidations, where the legal status of the creditor is 100% protected by an arbitration court.

Reclaim Capital is an international team specializing in the analysis and monetization of claims held by creditors of cryptocurrency platforms. We focus on legal commercial bankruptcies (FTX, Mt. Gox, Celsius Network, BlockFi, Cryptopia, Voyager, and others). Important: This article is for educational purposes only. We do not purchase claims related to the Qian Zhimin / Lantian Gerui criminal case and do not provide legal advice regarding UK law. If your assets are frozen as part of standard corporate bankruptcies (listed above), contact us for a valuation of your portfolio: @ReclaimCapital.

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