According to a statement from the Hedong Branch of the Tianjin Municipal Public Security Bureau, Qian Zhimin, the main culprit in the illegal fundraising case involving Tianjin Lantian Gree Electronic Technology Co., Ltd., appeared in court at the Southwark Magistrates' Court in London on September 29, 2025, after years on the run in the UK. He pleaded guilty to money laundering charges. Police stated that they are continuing to cooperate with UK law enforcement agencies to advance cross-border fugitive repatriation and asset recovery efforts, striving to recover losses for investors. They also reminded investors to exercise rational rights protection and to be wary of unauthorized cross-border "asset recovery agents." Public information shows that Qian Zhimin is the founder and actual controller of Tianjin Lantian Gree Electronic Technology Co., Ltd. The company illegally raised funds under the guise of "blockchain computing power investment" and "Bitcoin mining wealth management," involving billions of yuan, including approximately 60,000 Bitcoins. After the case was uncovered in 2017, Qian Zhimin fled and hid in the UK for a long period.