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Regional CCP Chief Arrested Over Crypto Links as China Hunts Crypto Users
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A high-flying regional Communist Party official who was expelled from the party last month for allegedly supporting crypto miners has been arrested. Meanwhile, individuals are being caught sending money abroad using crypto.
Per the Epoch Times and the Xinhua news agency, Xiao Yi, the former Vice Chairman of the Jiangxi Provincial Committee of the Chinese Communist Party (CCP) – a man once tipped for great things in the Chinese political sphere – is now behind bars.
The Supreme People’s Procuratorate, China’s equivalent to the Prosecutor General’s Office in the United States, was handed Xiao Yi’s case after the CCP found evidence that he had “taken bribes and abused his power.”
As reported, the CCP claimed that Xiao Yi had been “supporting”
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