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Blockchain Report
@Blockchain Report
Chongqing law firm partner Peng Jing reportedly detained by authorities. This follows investigations into Mayor Hu Henghua (March 20, 2026) and Liangjiang New Area Party Secretary Luo Lin (April 17). Sources link their downfall to stablecoin bribery/money laundering. Peng Jing allegedly aided money laundering via "legal fees." Case details: Hu Henghua allegedly received 30.8M USDT (incl. 10M for fees) from Lin Xiucheng's son-in-law, Lin Kechuang. Hu's cold wallet seized, revealing funds from Lin Kechuang's 6 other wallets. 15.5M USDT allegedly transferred to Luo Lin. Luo Lin (detained April 14) had hidden cold wallet recovered. #Chongqing #Corruption #Stablecoins #Crypto