News list for " gambling and"
The Securities Exchange Commission (SEC) has filed charges against Danh C. Vo, founder and CEO of bitcoin mining company VBit, alleging that he misappropriated $48.50 million, some of which was used for gambling and buying gifts for his family. Vo, 37, and VBit Technologies Corp. raised more than $95.60 million from about 6,400 investors, according to an indictment filed Wednesday by the SEC in federal district court in Delaware. The SEC alleges Vo lied to investors about how his bitcoin mining ...
On January 21, according to the typical case of punishing gambling and related crimes according to law issued by the Supreme People's Court, the People's Court of Rongchang District of Chongqing heard the case of defendant Wang Zhimou opening a casino. The amount involved in the case reached 590 million yuan, including more than 900 bank card accounts and virtual currency funds. The court sentenced Wang Zhimou to four years and five months in prison and a fine for the crime of opening a casino, ...
