Chinese Police Arrested Over 540 Individuals involved in Online Crypto Betting worth $1.5 Billion


The Chinese police in the Guangdong city have confined hundreds of people in online gambling platforms which enabled betting with over $1.5 billion in cryptocurrencies such as bitcoin and ethereum. A law enforcement operation that involved 21 strong public security authorities in the city of Guangdong has battled football gambling during the Russia world cup football competition which resulted in the massive arrest of 540 people that were suspected of managing online gambling rings.

Gambling as an activity is itself felonious under Chinese law and participating in or facilitating or opening any gambling platform results in criminal offences. 

Читайте далее на →