Foresight News|Sep 17, 2026 08:50
[Former Bank Client Manager Pleads Guilty to Accepting $470,000 in Tether Bribes, Awaiting Sentencing]
Foresight News reports, citing Sina Finance, that Lin Junxian, a former client manager at China Construction Bank (Asia) Corporation Limited, has admitted to conspiring with an employee of a fintech company and their accomplices to accept bribes totaling over $470,000 in cryptocurrency 'Tether.' Without bank authorization, Lin illegally certified multiple false documents to serve as guarantees for several insurance-related investment transactions. An internal investigation by CCB (Asia) uncovered the incident, after which a corruption complaint was filed with the ICAC, with full cooperation provided. Judge Lian Jinhong has adjourned the case to September 18 for sentencing, during which the defendant will remain in custody under the supervision of the Correctional Services Department.
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