A former client manager of China Construction Bank in Asia accepted a bribe of 470,000 US dollars in virtual currency, and the anti-corruption agency has filed charges and is awaiting sentencing

According to a report by Sina Finance, Lin Junxian, a former client manager of China Construction Bank (Asia) Corporation Limited, admitted to conspiring with an employee of a financial technology company and his accomplices to accept bribes, totaling over 470,000 US dollars in cryptocurrency "Tether." They illegally certified multiple false documents without the bank's authorization to secure several insurance-related investment transactions.

An internal investigation by China Construction Bank (Asia) uncovered the incident, which was subsequently reported to the Independent Commission Against Corruption (ICAC) along with full cooperation. Judge Lin Jianhong has postponed the sentencing of the case to September 18, during which the defendant will remain in custody under the Correctional Services Department.