Vietnam Takes Down $3.8B Crypto Gambling Ring
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Vietnamese police authorities have busted a crypto gambling ring estimated at $3.8 billion. 59 suspects were arrested. They were operating a third-party cryptocurrency exchange and two websites. The police seized 40 laptops, 79 mobile phones, vehicles, bank cards and $130,000 in cash from the suspects.
Vietnam takes down $3.8B Crypto Gambling Ring. Suspects allegedly admitted to running the operations from Swiftonline.live and Nagaclubs.com.
They crashed the websites to appropriate money from the digital wallets.
Evolution saw its stock value lose $3 billion over an anonymous report submitted to the New Jersey Division of Gaming Enforcement in November. Carl Linton, CEO of Evolution, denies the latest allegations. He also denies any business relationship between Evolution and the mentioned websites. The company has already taken steps and got in touch with the aggregator connected in the case, asking them to take immediate actions towards their customers.
Evolution's games are not accessible through the sites mentioned in the article.
