#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. Prosecutors allege that the woman received over 24,000 bitcoins (worth $2.3 billion) from users through her website between April 2018 and August 2021, and used them to gamble by predicting bitcoin price fluctuations. Additionally, the woman is accused of concealing 1,476 bitcoins that police attempted to freeze, claiming they were stolen by police, but investigations have not found any evidence to support this claim. 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 concealment of 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 the prosecution's discovery that the woman had processed approximately 24,600 bitcoins worth about $2.3 billion while operating the illegal platform and allegedly concealed 1,476 bitcoins that police attempted to freeze. The woman claims that the bitcoins were stolen by the police, but investigations have not found any evidence to support this claim, leading to the perjury charges. The case is currently being heard by the Supreme Court of Korea, and the woman has hired two major law firms to represent her.
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 and receiving over 24,000 bitcoins (worth $2.3 billion) from users.
The woman is accused of concealing criminal proceeds and making false accusations, and attempting to hide 1,476 bitcoins that police were trying to freeze.
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 being heard by the Supreme Court of Korea.