According to Caixin, Lu Jun, the former deputy head of the Shanghai branch of the former China Development Bank, the former deputy general manager of CDB Financial, and later in charge of the National Integrated Circuit Industry Investment Fund, is alleged to have accepted bribes totaling more than 700 million yuan. In the BaiShan City Procuratorate’s second supplementary indictment against Lu Jun, it was disclosed that, over many years, he and his longtime colleague Du Yang received “kickbacks” of 12.18 million yuan in total, including equity payment from Zhongqingxin and Bitcoin, among other things. It is understood that the Bitcoin involved in the case was obtained by Du Yang from partnered mining. Lu Jun’s defense lawyer said Lu Jun was not aware of Du Yang’s Bitcoin mining activities. On November 28, 2025, the presiding judge announced an adjournment of the trial; to date, more than half a year has passed since the trial began, and no verdict has yet been issued.

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