#South Korean female suspect faces new charges#
Hot Topic Overview
Overview
Prosecutors in South Korea have added new 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. She claimed that the bitcoins were stolen by the police, but the investigation found no evidence to support this claim. Prosecutors believe her actions constitute perjury, hence the additional charges.The case involves a significant amount of money, with a total of 24,600 bitcoins (approximately $2.3 billion) processed and over 2 trillion won in funds involved. The defendant 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 illegal platform reportedly processed a total of 24,600 bitcoins (about $2.3 billion), with a total transaction amount exceeding 2 trillion won. Prosecutors allege that the woman gambled by predicting bitcoin price fluctuations between April 2018 and August 2021, and concealed 1,476 bitcoins that police attempted to freeze, claiming they were stolen by the police. However, the investigation found no evidence of such theft, leading prosecutors to file additional charges of perjury. The case is currently awaiting a ruling from the Supreme Court of Korea, and the defendant has hired two major law firms for her defense.
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 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 woman was accused of hiding 1476 bitcoins that police were trying to freeze, and claimed that the bitcoins were stolen by police, but the relevant investigation found no such evidence.