Trial of Lu Jun adjourned for half year awaiting verdict: Alleged acceptance of 12.18 million yuan in 'benefits' including Bitcoin and equity payments from Zhongqing Xinxin

CoinFeed July 10 news, according to Caixin reports, Lu Jun, former vice president of Shanghai branch of China Development Bank, vice president of CDB Capital, and later head of the National Integrated Circuit Industry Investment Fund, is accused of accepting bribes exceeding 700 million yuan. In the second supplementary indictment by the Baishan City Procuratorate, it was disclosed that Lu Jun and his long-time colleague Du Yang accepted 12.18 million yuan in 'benefits' including equity payments from Zhongqing Xinxin and Bitcoin. It is reported that the Bitcoin involved was obtained through Du Yang's collaborative mining. Lu Jun's defense lawyer stated that Lu Jun was unaware of the Bitcoin mining. The trial was adjourned by the presiding judge on November 28, 2025, and as of now, more than half a year has passed since the hearing, and the case has not yet been sentenced.