Foresight News reports, according to (Korea Economic Daily), South Korean prosecutors have added charges against a woman in her 30s who is suspected of operating an illegal cryptocurrency gambling website in Thailand. The new charges include concealing criminal proceeds and false accusations. From April 2018 to August 2021, the website she managed received over 24,000 bitcoins (worth $2.3 billion) from users, including South Koreans. The website allowed gambling based on predictions of bitcoin price fluctuations. 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 after an appeal. The case is currently awaiting a ruling from the Supreme Court of South Korea.

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