Midas Trend|Jan 14, 2026 14:15
Receiving thousands of Ethereum coins at once, with a market value of tens of millions of yuan! Yao Qian engages in power and money trading
The fourth episode of the TV special film "Technology Empowering Anti Corruption", jointly produced by the Propaganda Department of the Central Commission for Discipline Inspection and the National Supervisory Commission and the Central Radio and Television Station CCTV, will be broadcasted on the evening of January 14th.
The physical isolation between online and offline has become a means for corrupt individuals to cover up their corrupt behavior. With the advent of the digital age, virtual currencies rely on blockchain technology to continuously develop, and corruption has emerged as a new form that must be guarded against.
The three items in the picture are key evidence seized in the Yao Qian disciplinary and illegal case. They are all different styles of hardware wallets used for storing and managing virtual currency. The virtual currencies stored in these three wallets are estimated to have a total value equivalent to tens of millions of Chinese yuan. People who accept bribes in this way have also harbored a sense of luck and thought they were sufficiently secretive.
Yao Qian, former director of the Technology Supervision Department and Information Center of the China Securities Regulatory Commission, previously served as the director of the Digital Currency Research Institute of the People's Bank of China. He was investigated and filed for review in April 2024.
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