On November 8th, BlockBeats reported that Guangming.com released a story about the Ministry of National Security uncovering a major case involving virtual currency investment and national security. A public employee from a secretive unit lost money in virtual currency investments and then betrayed state secrets.
He was ultimately sentenced to life imprisonment. Wang Moumou, the individual involved, was once a public employee of a confidential unit and was considered a good young man by his unit and family. However, he suffered heavy losses in virtual currency investments and posted “seeking part-time job” on an online forum, revealing his identity as a public official.
This caught the attention of overseas espionage and intelligence agencies, who used high rewards as bait to instigate Wang Moumou’s betrayal. The national security agency’s investigation showed that Wang Moumou provided top-secret and confidential state secrets to foreign forces. He obtained espionage funds worth over 1 million yuan through virtual currency recharge and transaction realization.
Finally, the People’s Court sentenced Wang Moumou to life imprisonment for espionage and deprived him of lifelong political rights.