#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. According to reports, the woman managed a website that received over 24,000 bitcoins (worth $2.3 billion) from users, including Koreans, between April 2018 and August 2021. The website allowed gambling by predicting changes in the price of bitcoin. Prosecutors allege that the woman concealed 1,476 bitcoins that police were trying to freeze and claimed that the bitcoins were stolen by police, but investigations found no evidence of such theft. As a result, prosecutors filed additional charges of perjury against her. The woman has hired two major law firms to defend her, and the case is currently being heard in the Supreme Court of Korea.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The woman is suspected of operating an illegal cryptocurrency gambling website in Thailand and receiving over 24,000 bitcoins (worth $2.3 billion) from users.
The woman was 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 on appeal.
The woman was accused of hiding 1476 bitcoins that police were trying to freeze, and claimed that the bitcoins were stolen by police, but the investigation found no evidence of this.