Chinese Communist Party official expelled for mining cryptocurrency

China’s Central Commission for Discipline Inspection has expelled a communist party member for allowing cryptocurrency mining to happen, corruption, and other infractions.

A Saturday announcement by the commission stated that Xiao Yi, formerly a member and vice chairman of the Jiangxi Provincial Political Consultative Conference, was stripped of his post and lost his qualifications as a representative to the 19th National Congress of the Communist Party of China. Some 2,280 delegates attended that Congress.

Yi was found to have taken bribes, abused his position corruptly, and allowed crypto mining.

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