Shandong police cracked a case of using virtual currency to open a casino, seizing more than 10 million yuan in funds involved

According to the official account of Linyi Hedong, in early 2023, the Yihe New District Branch of Linyi Public Security Bureau found an APP suspected of gambling in its work, and the funds were huge.
After investigation, the APP for the alleged offender so-and-so instructs Zhao to develop, so-and-so division using their own identity and family members to open a number of capital pool accounts, members use virtual currency to exchange chips in the APP, through guessing the virtual currency exchange rate in different time periods The way of online gambling, at the same time, Shi Moumou recruits the operator so-and-so, Wu and others with high commissions as bait, promotes the APP everywhere, actively develops agents at all levels, and attracts a large number of members to participate in gambling.
Since 2023, the public security organs of Yihe New District have successively arrested 13 suspects such as Shi Moumou and detained more than 10 million yuan in the case. In May 2024, Shi Moumou and others were sentenced to fixed-term imprisonment by the people's court according to law.