#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 case is currently awaiting a ruling from the Supreme Court of Korea. The new charges stem from the woman's alleged concealment of 1,476 bitcoins that police were trying to freeze, and her claim that the bitcoins were stolen by the police. Prosecutors investigated but found no evidence to support this claim, leading to the additional charges. The woman has hired two major law firms to represent her, and the case is currently being heard in 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. The latest charges stem from the woman's management of a website that received over 24,000 bitcoins (worth $2.3 billion) from users, including Koreans, between April 2018 and August 2021, allowing them to gamble by predicting bitcoin price fluctuations. Prosecutors allege that she concealed 1,476 bitcoins that police attempted to freeze, claiming they were stolen by police, but investigations found no evidence to support this claim, leading to the perjury charge. The woman has hired two major law firms to represent her, and the case is currently being heard by the Supreme Court of Korea.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
This woman is suspected of operating an illegal cryptocurrency gambling website and profiting over $2.3 billion from it.
She is accused of concealing criminal proceeds and perjury, including concealing 1,476 bitcoins that police were trying to freeze.
She 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 being heard by the Supreme Court of Korea.