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A Chinese man convicted of espionage and allegedly receiving more than 1 million yuan through cryptocurrency has been sentenced to life in prison.

The People’s Court sentenced Wang Momou to life imprisonment after finding him guilty of espionage, according to a local news report on Nov. 8.

Per the report, Wang allegedly became involved with foreign spy agencies after incurring significant losses from investing in cryptocurrency. This financial strain reportedly drove him to seek job opportunities through online forums.

It was during this time that Wang was recruited and persuaded to sell state secrets. According to the prosecution, Wang received more than 1 million yuan in cryptocurrency payments for his activities.
Initially, Wang provided small amounts of national security information but gained confidence to share more after receiving initial payments for “a few photos and documents.”

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