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Chinese provincial official expelled for violating crypto mining ban

A former CCP official from Jiangxi province allegedly abused his administrative powers to undermine the political principle of “two maintenance,” which relates to the notion of firmly maintaining the authority of the party.
The Central Committee of the Chinese Communist Party (CCP) expels a top provincial official after investigations suggest unlawful emgagement with crypto mining activities among other abuse of power. The Central Commission for Discipline Inspection (CCDI) alleged that Xiao Yi, former vice-chairman of the Chinese People’s Political Consultative Conference from Jiangxi province abused his state-backed administrative powers to undermine the political principle of “two maintenance,” which relates to CCP’s notion of firmly maintaining the authority of the party:“[Xiao Yi] violated the new development concept, abused power to introduce and support enterprises to engage in virtual currency “mining”

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We współpracy z: https://cointelegraph.com/news/chinese-provincial-official-expelled-for-violating-crypto-mining-ban

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