Yao Qian has been a familiar friend to the crypto community. He is one of the few officials who understand technology, definitely supports blockchain, and embraces digital currencies. When he was taken down, he was caught with a hardware wallet and transaction records, which were classified as illicit trading of cryptocurrencies. Even if the private key is yours, you must honestly explain yourself in front of the iron fist. Yao Qian led the development of the central bank's digital RMB, and his benefit transfers were done using Bitcoin and Ethereum, proving through action which one is more valuable. 😂