South Korean Police Bust Gambling Den Behind Crypto Mining Front

Source: https://decrypt.co/314280/south-korean-police-bust-gambling-den-behind-crypto-mining-front

In a recent development in Gwangju, South Korea, authorities uncovered an illicit gaming site that was operating under the disguise of a virtual currency exchange and mining operation. This revelation has shed light on the dark side of the cryptocurrency world, where criminals are using innovative methods to carry out illegal activities.

The site, which has not been named, was found to be offering online gambling services to users while posing as a legitimate virtual currency exchange and mining platform. By masquerading as a crypto-related business, the operators of the site were able to attract unsuspecting customers who were lured in by the promise of easy profits through mining and trading virtual currencies.

Upon further investigation, it was revealed that the site was not engaged in any legitimate cryptocurrency activities. Instead


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