CCTV Reveals Details of Yao Qian's Virtual Currency Bribery Case: "Greeting" for Project Public Offering in Exchange for 2,000 ETH

Odaily News According to CCTV reports, Yao Qian, former Director of the Technology Supervision Department and former Director of the Information Center at the China Securities Regulatory Commission, was entrusted in 2018 by businessman Zhang Mou, who was conducting a project public offering, to "greet" a certain trading platform. The public offering raised 20,000 ETH, and the businessman transferred 2,000 ETH to Yao Qian as a reward of gratitude. The special task force seized a hardware wallet from a drawer in Yao Qian's office. Several bank accounts opened by others were Yao Qian's shell accounts, with one fund of 10 million yuan being transferred through approximately four layers of penetration, originating from a virtual currency trader's fund account, ultimately used to purchase a villa in Beijing.