Chinese Authorities Clampdown on Billion Dollar Bitcoin Gambling Ring
(WorldNews China)

On July 11, 2018, the Chinese police apprehended over 540 people for organizing an online soccer gambling game which involved the exchange of bitcoins. The illegal betting places were conducted in south China’s Guangdong Province. Squashing Gambling Rings in China The police in Guangdong Province said that the total amount involved was over 10 billion yuan (1.5 billion U.S. dollars). According to the...