South Korean police have raided a suspected unlawful playing den whose operator claimed it was a middle for crypto mining.
The information company Yonhap and the media outlet Asia Kyungjae reported that Gwangsan Police Station in Gwangju, South Jeolla Province, introduced on April 9 that officers are questioning the alleged den’s operator.
Officers are holding the operator on suspicions of violating the Sport Business Promotion Act.
South Korean Police Raid ‘Bogus Crypto Mining Middle’
Officers mentioned that they had confiscated 50 gaming machines and two kiosks from what they known as an “unregistered workplace” within the metropolis.
Police mentioned that the operator had “modified” free cellular video games so that they could possibly be performed on PC terminals.
A police spokesperson claimed the operator charged gamers 50,000 received (round $34) per hour to play the video games on the terminals.
The operator then allegedly paid out money prizes to high-scoring gamers. Officers mentioned that they estimated the room generated a complete of 140 million received ($95,000) price of unlawful proceeds.
Nevertheless, officers additionally mentioned the premises “was disguised as a middle for mining digital foreign money” and “exchanging cash.”
Seek for ‘Accomplices’ Ongoing – Police
The police spokesperson added that investigators “plan to proceed their probe” into the alleged playing den.
They mentioned that they have been looking for potential “accomplices” who could have “assisted” the operator in committing the alleged crimes. The spokesperson concluded:
“We plan to crack down – repeatedly and resolutely – on unlawful gaming rooms. These institutions pose a risk to the general public economic system. We’ll actively block unlawful gaming facilities from reopening or increasing their attain.”
Tariff fee on S. Korea must be 10 %, if appropriately calculated, economists sayhttps://t.co/JGrvvPhx8v#Tariffs #Trump
— The Korea Herald 코리아헤럴드 (@TheKoreaHerald) April 9, 2025
In September final yr, law enforcement officials in South Jeolla Province arrested seven suspects in a raid on a “crypto-powered drug dealing” ring.
Officers detained a suspected vendor, accusing them of “colluding with a drug distribution group” to cover methamphetamine in 118 components of Gwangju’s West and North districts.
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