TechFlow news — On November 8, according to the official account of China's Ministry of State Security, a major case involving cryptocurrency investment and national security was disclosed. A public employee working at a classified institution lost heavily in cryptocurrency investments and subsequently sold state secrets, for which he was sentenced to life imprisonment.
Wang Moumou, formerly a civil servant at a classified unit, had been regarded as a promising young man both by his institution and family. However, after suffering significant losses in cryptocurrency investments, he posted online in a forum seeking "part-time work," disclosing his identity as a government employee. This act drew the attention of overseas intelligence agencies, who successfully recruited him by offering substantial financial rewards.
Investigations by state security authorities revealed that Wang provided top-secret and confidential state secrets to foreign entities. He received over 1 million RMB in spy funding through cryptocurrency top-ups and trading cashouts. Ultimately, Wang was sentenced to life imprisonment by the people's court on charges of espionage and permanently deprived of political rights.
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