Upon inspection, the servers were found to be 'Whatsminer mining machine (model: M31S-76T44W), supercomputing server (model S10Pro),' the report said. bitcoinmining miningrigs
Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs
A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8 million and using the funds to buy bitcoin mining rigs. Although Li Qunnan has denied the allegations, executives insist their evidence implicates him.A prosecutor in Beijing, China, has reportedly approved the arrest of a former director of a listed big data firm who is accused of using fraudulently acquired funds to purchase bitcoin mining rigs.
After the inspection outed Qunnan as the culprit that had been misappropriating funds, the former director is reported to have sent a statement to Zhongchang executives in which he denied the allegations.However, despite Qunnan’s denial, Zhongchang executives have insisted that he is the culprit and have produced evidence to support their assertion. For instance, the executives allege that between January to September 2021, their company paid for “servers” worth $4.
Besides paying for the bitcoin mining machines, Zhongchang claimed the former director also used the company’s funds to pay for the hosting fees which totalled $3.8 million. Meanwhile, the report said Qunnan has refused to cooperate with investigators and is currently thought to be out of the country.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam – Mining Bitcoin NewsBitfarms has declared that the fall of bitcoin prices, above all elements, is the most important problem that cryptocurrency miners are facing now.
Weiterlesen »
Argo May Bitcoin Output Drops 25% From April Amid Teething Problems at Texas Facility.ArgoBlockchain the only LSE-listed bitcoin miner, mined 124 bitcoin or bitcoin equivalents in May, a 25% decline compared with the 166 mined in April. By JamieCrawleyCD
Weiterlesen »
Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ its Mined Bitcoins.Hut8Mining $HUT continues to hodl 100% of its mined bitcoin even as a number of its peers have begun selling off their corn to help cover expenses. Aoyon_A reports.
Weiterlesen »
Bitcoin Mining Ban in New York Won't Reduce Carbon Emissions: Crypto LawyerJake Chervinsky, long-term GC of DeFi heavyweight Compound and one of most influential Web3 lawyers, criticizes anti-Bitcoin bill
Weiterlesen »
105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows – Regulation Bitcoin NewsThere are now 105 countries that are exploring central bank digital currencies (CBDCs). 50 countries are in an advanced phase.
Weiterlesen »
Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs – Regulation Bitcoin NewsThe objective of the code is to help 'transform Nigeria into the world’s safest and biggest blockchain space with the largest blockchain solutions, investments, and adoption.' regulation innovation
Weiterlesen »