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Chinese Official Sentenced To Life In Prison For Bitcoin Mining, Corruption

Authored by Zhiyuan Sun via CoinTelegraph.com, A Chinese government official has been sentenced to life in prison for both illegitimate business operations of running a 2.4 billion Chinese Yuan ($329 million) Bitcoin mining enterprise and unrelated charges of corruption. According to local media reports, on Aug. 22, the Intermediate People’s Court of Hangzhou City sentenced Xiao Yi, […] Source
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