How the employee was stolen by $ 20 million in prison time star-news.press/wp

In Beijing, Public Prosecutors imprisoned eight people to manage a Bitcoin fraud for a year This drained more than 140 million yuan – more than $ 20 million – from the short video platform and then transferred the money to encryption.

According to a white paper released by the PEOPLE ProCURATORATE company for the Haidian region, the issue ranks among the most complex anti -corruption cases, which is complicated between 2020 and 2024. What started as simple rewards within the company that turned into a one -year plan that hidden the boxes behind coincidences and digital workers.

I opened the strength from the inside of the gaps

based on ReportsA Feng employee has only controlled the service on board the plane, reward qualifications and payment approvals.

He quietly amended the reward policies to create gaps that he and only two external assistants, Tang and Yang, exploited them. Fake documents flowed with special data that leaked feng.

TRO then redirect reward payments in their making accounts, instead of rewarding real work. By the time the auditors detected lost money, nearly 140 million yuan has already disappeared.

Fake companies and the washing chain

The gang is used Shell companies With no real operations. Yang participated in Wang and others to create about 10 of these banknotes.

All they did is to collect false reward payments. From there, the money jumped through multiple bank accounts until it fell in the hands of Yang. Then Feng asked the next step: convert it to Bitcoin.

They divided the looting on eight different international platforms and mixed coins, which followed the trail of transactions to hide the origin of the money.

The authorities follow bitcoin flow

Prosecutor Lee Tao, of the Heidian Science and Technology Crime Department, built a detailed map of fraud. By comparing the company’s data and banking records and transferring Blockchain, his team has reduced each layer of concealment.

They even recovered more than 90 bitcoin during the investigation – for example to prove exactly how the “closed” washing chain succeeded. Each recovered metal currency was linked to stolen bonuses, confirming every development of the money course.

The judgment took into account the role of each person. Feng received the longest period – 14 years and six months behind bars – while the other seven prison sentences ranged between three to 14 years, in addition to huge fines.

All of them were convicted of professional embezzlement. This issue is a warning: When someone carries a lot of strength, routine reward systems can become compounds of great fraud – modern encryption tools cannot guarantee not to disclose their identity forever.

Distinctive image from Unsplash, tradingvief chart

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