Yao Qian is an old friend of the crypto community. He is one of the few officials who understands technology, supports blockchain, and embraces digital currency. When he was taken down, he was caught with a hardware wallet and transaction records, which were classified as a power-for-crypto transaction. Even if the private key is yours, you still have to comply in front of the iron fist. Yao Qian led the central bank's digital yuan initiative, and then he used Bitcoin and Ethereum for his benefit transfers, proving through action which one is more valuable. 😂