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Coinpedia
2023-08-22 10:11:51

Chinese Official Gets Life Sentence for $20M Bitcoin Bribes!

Chinese Official Gets Life Sentence for $20M Bitcoin Bribes!

The post Chinese Official Gets Life Sentence for $20M Bitcoin Bribes! appeared first on Coinpedia Fintech News Chinese local official Xiao Yi has been sentenced to life imprisonment and had his assets confiscated for accepting bribes worth $20 million in a Bitcoin mining case. According to reports, Yi accepted the bribes in exchange for granting licenses and other benefits to mining companies in the city of Ordos. The bribes were paid in …

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