BlockBeats News: On January 14, the fourth episode of the TV documentary series "Unceasing Steps, Unyielding Half-Steps," jointly produced by the Publicity Department of the Central Commission for Discipline Inspection and National Supervisory Commission and CCTV, was broadcast. Titled "Technology Empowering Anti-Corruption," the episode specifically features the case of Yao Qian, former director of the Science and Technology Supervision Department and former head of the Information Center at the China Securities Regulatory Commission, for analysis.
The film extensively introduces the storage and transfer mechanisms of virtual currencies, pointing out that using virtual currencies to conceal proceeds from corruption is merely one form of new and hidden forms of corruption. Cai Kunteng, a staff member of the Discipline Inspection and Supervision Commission of Shanwei City, Guangdong Province, stated:The investigation should focus on two items: first, whether there is a hardware wallet; second, whether there are any notes with mnemonic phrases that have no discernible pattern. This is crucial during the search.
The project team utilizes blockchain technology,It was found that 2,000 Ethereum (ETH) were transferred from Zhang's Ethereum wallet address to Yao Qian's Ethereum wallet address in 2018, and in 2021, Yao Qian transferred 370 of these ETH, with the complete record of converting them into 10 million yuan.The project team conducted electronic evidence collection in accordance with regulations, discipline, and the law, achieving mutual corroboration among all pieces of evidence and forming a closed loop. Faced with such a solid chain of evidence, Yao Qian had no choice but to admit his disciplinary and illegal violations.
Finally, the film emphasizes that under the high-pressure campaign against corruption, no matter how corrupt practices evolve or become more covert, as long as we firmly grasp the essential nature of corruption—transactions involving power and money—and strictly adhere to regulations, discipline, and the law, while fully utilizing information technologies such as big data to enhance identification and investigation efforts and continuously enriching effective prevention and control measures, any form of corruption will have nowhere to hide.