A major anti-corruption investigation in Chongqing has revealed a complex network involving power, capital, and professional identities. Key figures in the case include officials like Hu Henghua and lawyer Peng Jing, who allegedly used USDT and cold wallets for bribery. The investigation highlights how the intermediary role and secrecy of lawyers, combined with blockchain's traceability, make pseudo-anonymity vulnerable to exposure. The discovery of cold wallets has helped uncover a chain of bribery, expanding the anti-corruption efforts into professional and non-public sectors. This development raises compliance demands for the legal services industry, warning of potential risks.
Chongqing Anti-Corruption Probe Uncovers USDT Bribery Scheme
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