Odaily Planet Daily News: Hao Gang, former deputy director of the Beijing Financial Bureau, was involved in Bitcoin money laundering; in addition, he also assisted a senior executive of a leading Bitcoin mining company to lift border control, and his bribes may have reached 10 million yuan.
On February 6, 2025, the Beijing Second Intermediate People's Court publicly sentenced Hao Gang's bribery and money laundering case in accordance with the law, sentencing the defendant Hao Gang to eight years in prison for bribery and a fine of RMB 500,000; sentenced to four years in prison for money laundering and a fine of RMB 800,000, and decided to execute a sentence of eleven years in prison and a fine of RMB 1.3 million. The illegal gains and interest from his bribery will be recovered, confiscated, and turned over to the state treasury.