Former Chinese Official Faces Life Behind Bars for Illicit Bitcoin Mining and Bribery

Hangzhou Citys Intermediate Peoples Court has handed down a life sentence to Xiao Yi, previously part of the Jiangxi Provincial Political Consultative Conference Party Group and its vice chairman. This verdict was reached on August 22 due to significant charges of corruption and abuse of power. Xiaos corrupt practices, unrelated to cryptocurrency, spanned from 2008 to 2021 and mainly revolved around bribery. However, what caught significant attention was his involvement from 2017 to 2021 with Jiumu Group Genesis Technology, a Fuzhou-based company. This company, under Xiaos influence,...

source: https://tokenpost.com/Former-Chinese-Official-Faces-Life-Behind-Bars-for-Illicit-Bitcoin-Mining-and-Bribery-10563

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.

Published by: Book Club