Odaily Planet Daily reported that at the end of July this year, according to the People's Daily, Feng Dian, the former general manager of the operation center of Kuaishou's e-commerce service provider, illegally embezzled 140 million yuan in rewards that should have been subsidized to service providers and operators during his tenure, and exchanged the stolen money for virtual currencies such as Bitcoin through overseas virtual currency trading platforms for laundering.

The court verdict revealed that Feng Dian and seven others were sentenced to prison terms ranging from three to fourteen years and six months for embezzlement, fined, and required to surrender over 90 Bitcoins they had hidden. The case set a new record for corruption at a major internet company.