Yao Qian, the former architect of China’s digital yuan, accepted crypto bribes worth over $8 million while holding senior regulatory positions, Chinese state media revealed this week. The case exposes how corrupt officials exploited the same blockchain technology Yao helped develop to conceal illicit transactions through hardware wallets and anonymous transfers. State broadcaster CCTV aired details of Yao’s corruption scheme on January 14 in a documentary titled “Technology Empowering Anti-Corruption,” ...