币界网报道：A 39-year-old man in the UK has been arrested for allegedly laundering £1.7 million ($2.1 million) worth of Bitcoin through a peer-to-peer exchange. The suspect, identified as Jian Wen, reportedly converted the cryptocurrency into cash and luxury goods, including high-end watches and jewelry. Authorities seized multiple electronic devices and financial records during the investigation. The arrest follows a broader crackdown on crypto-related financial crimes in the region, with regulators increasing scrutiny on P2P platforms. Wen is currently awaiting trial, facing charges of money laundering and fraud. The case highlights ongoing concerns about illicit crypto transactions despite increased regulatory oversight.