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A lawyer representing hundreds of victims of the so-called 'Cryptoqueen' Qian Zhimin says several people have lost their life savings, while others have been unable to receive cancer treatment. The mastermind of the vast Ponzi scheme in China was jailed in Britain for over 11 years for laundering the proceeds of the fraud into cryptocurrency worth billions of dollars. Qian Zhimin pleaded guilty to two money laundering charges in September, after an investigation that saw British police seize more than 61,000 bitcoin — currently worth over $US6 billion ($9.1 billion) — in one of the largest ever cryptocurrency seizures. Jack Ding, a partner at Beijing-based legal firm, Duan and Duan, spoke to The World's Girish Sawlani about the impact the fraudulent scheme has had on his clients. #ABCTheWorld #ABCAsiaPacific Subscribe: http://ab.co/1svxLVE ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC NEWS, click here: https://ab.co/2kxYCZY Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2 Like ABC NEWS on Facebook: / abcnews.au Follow ABC NEWS on Instagram: / abcnews_au Follow ABC NEWS on X (Twitter): / abcnews Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia