Vietnam Police Raids $3.8 Billion Cryptocurrency-Tied Gambling Ring, VTV Reports – Bloomberg

Ho Chi Minh City police have detained 59 people tied to the biggest illegal online gambling ring ever uncovered by Vietnamese authorities, according to state-owned broadcaster VTV.

The cryptocurrency gambling ring had transactions totaling more than $3.8 billion, which includes the amount of money gamblers put in the ring and excludes reciprocal money from the dealer, VTV reported, citing…….

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Ho Chi Minh City police have detained 59 people tied to the biggest illegal online gambling ring ever uncovered by Vietnamese authorities, according to state-owned broadcaster VTV.

The cryptocurrency gambling ring had transactions totaling more than $3.8 billion, which includes the amount of money gamblers put in the ring and excludes reciprocal money from the dealer, VTV reported, citing information from the police.

Source: https://www.bloomberg.com/news/articles/2021-12-03/vietnam-police-bust-3-8-billion-crypto-tied-gambling-ring-vtv