Family, we must talk about this big news today! Jing Yaping, the former director of the Guizhou Provincial Big Data Development Administration, has been investigated. Let's see what she has done.
Holding the authority to schedule government cloud server clusters, she actually treated the government's servers as her own "printing press" and used them to mine Bitcoin! She mined a total of 327 coins, which were worth over 1.5 billion at the time. To carry this out, she fabricated project approvals and altered resource allocation records, creating chaos with the government resources.
Investigators found boxes of encrypted hard drives in her office, hidden quite well, but still discovered. They contained Bitcoin wallet keys, which serve as solid evidence of her illegal activities.
Even more outrageous is the particularly complex flow of funds behind her Bitcoin mining. It is mixed with many big data project funds, possibly misappropriating project funds to buy mining equipment, with the profits concealed. Some funds were also mixed through overseas exchanges, which raises serious money laundering suspicions.
She treated the provincial data platform like her own ATM, with over 2 billion in surplus budget missing, likely lining her own pockets. The bidding was also dishonest, embedding encrypted watermarks and awarding benefits to a shell company controlled by her son-in-law. This operation is truly outrageous! It is really satisfying to see such a person investigated! What do you think? Let's discuss in the comments section! $BTC