The Daily Hodl
2020-06-14 03:40:18

Bitcoin Embezzlement Scheme Gone Bad for Bank Employee Facing 12 Years in Prison

A Chinese court has found a former bank employee guilty of embezzling millions of yuan to buy Bitcoin (BTC). On Tuesday, a local court convicted Liu Lihua, 33, of embezzling 1.85 million yuan ($261,000) and defrauding clients’ loan funds of a total of 770,000 yuan ($108,704), according to a judgment from the court in Hengfeng, […]The post Bitcoin Embezzlement Scheme Gone Bad for Bank Employee Facing 12 Years in Prison appeared first on The Daily Hodl.

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