Hong Kong Jails Ex-Banker over $470K USDT Bribes

Hong Kong jails ex-banker over $470K USDT bribes

Hong Kong jailed ex-CCB Asia manager Lam Chun-yin for four years over $470,000 in USDT bribes tied to false $1.6B bank instruments.

Crypto Bribes Sends CCB Asia Ex-Manager to Jail for Four Years

A former China Construction Bank (Asia) customer relationship manager has been sentenced to jail for four years for accepting bribes in crypto form. He was also ordered to make restitution of about HK3.7 million for accepting over US$ 470,000 via cryptocurrency bribes to ‘falsely authenticate fabricated letters of credit worth over $1.6 billion’, The Standard [...]

Ex-CCB Asia Manager Gets 4 Years For USDT Bribery

A Hong Kong court jailed former CCB (Asia) manager Lam Chun-yin for four years for accepting over US$470,000 in Tether bribes to authenticate bank guarantees.