Taking advantage of state server to “mine” Bitcoin, female leader removed from office

Chinese Official Expelled for Alleging He Mined 327 Bitcoins Using State Servers

Government Infrastructure Cryptocurrency Mining Scandal
Jing Yaping , former director of the Guizhou Provincial Big Data Development Bureau , has just been expelled from the Party and removed from office for serious disciplinary violations .

She is accused of exploiting government servers to mine 327 Bitcoins for personal gain.

The authorities' application of the "double declaration" method - both expelling from the Party and forcing him to quit his job - shows the seriousness of the case.

However, the number 327 Bitcoin has not yet been officially confirmed by the authorities .

Potential impact on policy and public confidence
Although there are no verified figures, this allegation raises concerns about the abuse of public data infrastructure and the potential impact on China's digital asset policy .

Some observers say the incident could erode trust in the technology infrastructure management system.

However, China's financial markets and cryptocurrency policies have not seen any major changes following the news. Jing has previously actively promoted the Guizhou National Big Data Pilot Zone and the Guiyang Global Big Data Exchange .

Bitcoin Price Remains Stable Despite Scandal
The incident took place in the context of Bitcoin still maintaining its market position, trading at $118,535.48 , with a capitalization of about $2.36 trillion , accounting for 59.78% of the market share , although the price decreased slightly by 2.76% in 24 hours .

Circulating supply is around 19.91 million BTC , close to the 21 million cap . History shows that allegations involving public officials and infrastructure often have little lasting impact on the market without a strong government policy response.