CCTV: Yao Qian Helped ICO Find a Trading Platform and Received 2,000 ETH as Reward

BlockBeats News, January 14th, according to CCTV reports, Yao Qian, former director of the Technology Regulatory Department of the China Securities Regulatory Commission and former director of the Information Center, was asked by a businessman named Zhang in 2018 to greet a certain trading platform on behalf of an ongoing ICO. The ICO raised 20,000 ETH, and the businessman transferred 2,000 ETH to Yao Qian as a thank-you gift.

The task force found a hardware wallet in Yao Qian's office drawer. Several bank accounts opened by other individuals were Yao Qian's disguised accounts, holding a fund of 10 million RMB that had undergone approximately four layers of penetration before being transferred from a cryptocurrency trader's account, ultimately used to purchase a villa in Beijing.