Chinese official Wang Moumou just received a life imprisonment for selling secret documents to British intelligence. Wang racked up heavy debts due to failed crypto trading, and received crypto in payment for espionage.

Official reports from Chinese Ministries have not demonized the crypto community, however, and mostly focused on Wang’s own mistakes.

Wang’s Crypto Misfortunes

According to a recent report from Anping Province’s Ministry of National Security, a Chinese official named Wang Moumou was just sentenced to life in prison. Wang stands convicted of espionage, selling documents and other photos to foreign intelligence agencies. He started this path due to massive debts from failed crypto trades, and received crypto in return for his services.

“The National Security Agency found that Wang provided top-secret and confidential state secrets to the other party and obtained more than 1 million yuan in spy funds through virtual currency recharge and trading. In the end, Wang was sentenced to life imprisonment by the People’s Court for the crime of espionage,” the report said.

In this conviction statement, Chinese authorities did not accuse a specific foreign government of recruiting Wang. However, in previous coverage from June, they accused MI6, the British intelligence agency, of recruiting a man named Wang Moumou as a spy. It seems extremely likely that these two incidents in one year refer to the same person.

Wang’s criminal involvement with the world of cryptocurrency is far from an isolated incident. For example, a famous North Korean hacker group already uses crypto to fund espionage operations. Three years ago, a Go to Source to See Full Article
Author: Landon Manning