Malaysian National Ordered to Repay $7.6M in Bitcoin Money Laundering Case or Face 8 More Years

Case Background

According to Decrypt, the UK Crown Prosecution Service (CPS) has issued a final ultimatum to Malaysian national Sen Hok Ling — repay $7.6 million within three months or face re-imprisonment plus an additional 8-year sentence.

Criminal Details

In 2025, Sen Hok Ling pleaded guilty to laundering 83.7 Bitcoin received from convicted fraudster Qian Zhimin between February and April 2024. He converted the cryptocurrency into fiat through UAE bank accounts and third-party exchanges.

Legal Consequences

He previously received a nearly five-year prison sentence. Failure to repay the illicit funds within the deadline could lead to a resentencing hearing, potentially adding up to 8 more years to his incarceration.

Ongoing Developments

A civil confiscation process involving over 61,000 Bitcoin linked to Qian Zhimin remains ongoing, drawing renewed global attention to crypto-related money laundering risks.