Police in China Unmasks Sports Crypto Bet Pool
July 13, 2018
Law enforcement bodies of the People’s Republic of China has unveiled a criminal group of over 500 persons that organized sports cryptocurrency totalizer. Throughout its existence the pool has accepted bets of total $1.5 billion from over 300 players.
Along with the totalizer the police removed 70 mobile apps and about 250 public accounts in social nets.
Note that any book-making provider is forbidden in China for half a century already so whatever the currency any bet is banned in the country.