Lujun’s trial has been adjourned for over half a year without a verdict, with a second supplementary indictment revealing bribes including Bitcoin worth 12.18 million yuan
Odaily Odaily News: Lu Jun, former deputy president of the Shanghai Branch of China Development Bank, Vice President of CDB Capital, and later head of the National Integrated Circuit Industry Investment Fund, is accused of accepting bribes exceeding 700 million yuan. In the second supplementary indictment by the Baishan City People's Procuratorate, it was disclosed that he and his long-time colleague Du Yang accepted "benefits" including equity payoffs from Zhongqing Xinxin and Bitcoin, totaling 12.18 million yuan. It is reported that the Bitcoin involved was obtained by Du Yang through collaborative mining. Lu Jun's defense lawyer stated that Lu Jun was not aware of the Bitcoin mining activities. The presiding judge adjourned the trial on November 28, 2025. As of now, over half a year since the trial began, a verdict has yet to be reached. (Caixin)
