South Korean prosecutors have added charges against a woman in her 30s for allegedly operating an illegal cryptocurrency gambling site in Thailand, Foresight News reported. The new charges include concealing criminal proceeds and making false accusations.
The site received more than 24,000 bitcoins worth $2.3 billion from users between April 2018 and August 2021. The site gambled by predicting changes in the price of bitcoin.
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 on appeal. The case is currently awaiting a ruling by South Korea's Supreme Court.
