In an extremely sensitive and unusual scandal for Chinese state security, Wang – a young official – has been given a life term over his act of spying on his country and leaking data to cover losses from Bitcoin operations.
On November 8, China’s Ministry of State Security reported about the sentencing through its website, stating Wang’s crypto debts prompted him to look for a second job and he openly disclosed his civil servant status in a forum. They said to him, ‘For such and such sum of money, we want you to go and spy for us,’ etc.
Crypto Debts Lead To Espionage
Run to debts accrued from infamous cryptocurrencies, Wang slowly fell into the trap of black marketing sensitive information obtained from his secret organization to foreigners. He was accused of providing details about production assignments and investigations for more than one million yuan in cryptocurrency trade.
At first, the leaked information was small, but as concerns about financial problems appeared, he disseminated more critical information.
National Security Compromised and the Outcomes
The incident gives insight into a major weakness that exists in China’s national security system. Wang’s superiors said that his unit did not have adequate security procedures and that authorities wanted action to be taken to avoid similar incidents in the future.
People’s Court sentenced Wang to life imprisonment plus depriving him of political rights which is an indication of how seriously Chinese and this type of regime takes compromising state secrets.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed