Time
12:35
CCTV reveals details of Yao Qian's corruption: He was involved in accepting bribes related to virtual currency and purchasing a villa in Beijing.
January 14, 2026
CoinFeed News
The investigation revealed that he used hardware wallets to store virtual currencies, involving tens of millions of yuan, and received tens of millions of yuan from virtual currency traders through aliases, which he used to purchase a 20 million yuan villa in Beijing registered under a relative's name. Furthermore, Yao Qian, through his subordinate Jiang Guoqing, received 12 million yuan in bribes from businessman Wang, which he then exchanged for 370 ETH in 2017.