#South Korean female suspect faces new charges#
Hot Topic Overview
Overview
Prosecutors in South Korea have added charges against a 30-year-old woman accused of running an illegal cryptocurrency gambling website, including concealing criminal proceeds and perjury. The woman was previously sentenced to five years in prison for setting up illegal gambling and money laundering, but her sentence was halved to 2.5 years after an appeal. The additional charges stem from her concealing 1,476 bitcoins that police attempted to freeze, claiming they were stolen by police, but investigations found no evidence to support this claim. The case is currently awaiting a ruling from the Supreme Court of Korea.
Ace Hot Topic Analysis
Analysis
Prosecutors in South Korea have added charges against a 30-year-old woman accused of running an illegal cryptocurrency gambling website, including concealing criminal proceeds and perjury. The woman was previously sentenced to five years in prison for setting up illegal gambling and money laundering, but her sentence was halved to 2.5 years after an appeal. The case is currently awaiting a ruling from the Supreme Court of Korea.Prosecutors allege that the woman received over 24,000 bitcoins (worth $2.3 billion) from users, including Koreans, through the illegal cryptocurrency gambling website she operated between April 2018 and August 2021, and used them to gamble by predicting bitcoin price fluctuations.Prosecutors also pointed out that the woman had previously concealed 1,476 bitcoins that police were trying to freeze, claiming that they were stolen by the police. However, the relevant investigation did not find any such evidence, so prosecutors filed additional charges against her for perjury. The woman has now hired two major law firms to defend her, and the case is being heard in the Supreme Court of Korea.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
A woman is suspected of operating an illegal cryptocurrency gambling website in Thailand, involving an amount of up to $2.3 billion.
The woman has been additionally charged with concealing criminal proceeds and making false accusations.
The woman was initially sentenced to five years in prison for setting up illegal gambling and money laundering, but her sentence was halved to 2.5 years after an appeal.
The case is currently awaiting a ruling from the Supreme Court of Korea.