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CCTV revealed details of Yao Qian's bribery: he accepted bribes in the form of cryptocurrency to purchase a 20 million yuan villa in Beijing and received 2,000 ETH as a thank-you fee. - CoinFeed
Time 12:35

CCTV revealed details of Yao Qian's bribery: he accepted bribes in the form of cryptocurrency to purchase a 20 million yuan villa in Beijing and received 2,000 ETH as a thank-you fee.

January 14, 2026
CoinFeed News

The investigation revealed that he helped a project team raise 20,000 ETH through an ICO by contacting an exchange. In 2018, the project team returned 2,000 ETH as a thank-you fee (with a maximum market value of 60 million yuan). Yao Qian then converted 370 of these ETH into approximately 10 million yuan in 2021.

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