PANews|Sep 15, 2026 06:14
[Former CCB Asia Client Manager Accepts $470,000 in Cryptocurrency Bribes, Pleads Guilty and Awaits Sentencing]
According to Sina Finance, Lin Junxian, a former client manager at China Construction Bank (Asia) Corporation Limited, admitted to conspiring with an employee of a fintech company and their accomplices to accept bribes, specifically over $470,000 worth of cryptocurrency "Tether" (USDT). He illegally certified multiple false documents without bank authorization, using them as guarantees for several insurance-related investment transactions. An internal investigation by CCB Asia uncovered the incident, subsequently filing a corruption complaint with the Independent Commission Against Corruption (ICAC) and providing full assistance. Judge Lin Kam-hung has postponed sentencing to September 18, during which the defendant will remain in custody under the supervision of the Correctional Services Department.
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