PANews
PANews|1月 14, 2026 12:36
[CCTV Reveals Details of Yao Qian's Corruption: Bribes Involving Virtual Currency Used to Purchase Beijing Villa] In the fourth episode of the anti-corruption documentary series *Technology Empowering Anti-Corruption* aired by CCTV this evening, it was disclosed that Yao Qian, the former director of the Information Center of the China Securities Regulatory Commission, was involved in severe corruption. Investigations revealed that he used hardware wallets to store virtual currency, with the amount involved reaching tens of millions of RMB. He also received funds amounting to tens of millions of RMB from virtual currency traders through shell accounts, which were used to purchase a 20-million-RMB villa in Beijing registered under a relative's name. Additionally, Yao Qian accepted 12 million RMB in benefits from businessman Wang through his subordinate Jiang Guoqing and exchanged 370 ETH in 2017.
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