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Xiamen Prosecution Report: A company employee embezzled 1.53 million yuan and invested in BTC and other cryptocurrencies, resulting in almost complete loss, sentenced to two years and three months in prison
BlockBeats News, January 19th, according to the Xiamen Procuratorate public account, a salesperson of a Fujian issuance company incurred a huge debt due to participating in cryptocurrency investment, and started to commit embezzlement from the 2024 spring. The employee secretly changed the company's public payment QR code to personal WeChat payment QR code and bank account, guiding customers to transfer the educational subscription fees directly to his personal account. The report shows that from the spring of 2024 to the spring of 2025, the employee embezzled over 1.53 million yuan of company funds and invested all the related funds in Bitcoin and other cryptocurrencies for trading, attempting to make speculative profits, but ended up losing all the funds. The Tong'an District Procuratorate has prosecuted him for the crime of embezzlement, and the court sentenced him to two years and three months in prison and a fine.
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