Lu Jun, former vice president of the Shanghai branch of the China Development Bank and vice president of CDB Capital, is awaiting a verdict in a high-profile bribery case. Accused of accepting over 700 million yuan in bribes, Lu allegedly received 12.18 million yuan in benefits, including Bitcoin and equity payments from Zhongqing Xinxin. The Bitcoin involved was reportedly obtained through mining by Lu's colleague, Du Yang. Lu's defense claims he was unaware of the Bitcoin mining activities. The trial, which began on November 28, 2025, has been in recess for over six months without a verdict.
Former Bank Executive Awaits Verdict in Bitcoin Bribery Case
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