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Vietnamese court sentences 43 people in illegal gambling case

Enforcement & compliance

A Vietnamese court sentenced 43 people over an illegal gambling network that operated from early 2020 to late 2021, according to the report. The network handled $3.8bn in transactions, and its four alleged leaders received prison terms of between eight and 13 years; authorities are still seeking an Indian national believed to have led the operation.

The sentences and continuing investigation signal enforcement action against illegal online gambling and cryptocurrency transactions in Vietnam.

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