{"id":777032185,"date":"2025-09-25T12:02:49","date_gmt":"2025-09-25T15:02:49","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777032185"},"modified":"2026-04-21T18:47:58","modified_gmt":"2026-04-21T21:47:58","slug":"vietnam-sentences-dozens-in-us3-8bn-online-gambling-and-crypto-scheme","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/vietnam-sentences-dozens-in-us3-8bn-online-gambling-and-crypto-scheme","title":{"rendered":"Vietnam sentences dozens over US$3.8bn online gambling and crypto scheme\u00a0"},"content":{"rendered":"\n

Four siblings have received up to 13 years in prison.<\/p>\n\n\n\n\n\n\n\n

Vietnam.- A court has handed down prison terms to four siblings and nearly 40 accomplices involved in a online gambling and cryptocurrency operation valued at US$3.8bn. The defendants were convicted of organising and participating in the scheme between 2020 and 2021, using crypto-based platforms to attract tens of thousands of users.<\/p>\n\n\n\n

The siblings were sentenced to between eight and 13 years, while other defendants received punishments ranging from suspended three-year terms to more than a decade in jail. Police are also seeking an Indian national believed to be the ringleader.<\/p>\n\n\n\n

Authorities said the group used illicit profits to acquire luxury cars, real estate, and to launder money abroad. The operation relied on illegal crypto investment websites, where users could convert Vietnamese dong into tokens like USDT and Ethereum to gamble online. At its height, the network boasted around 25 million accounts and 20,000 active users.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> UNODC flags Timor-Leste as an emerging hub for illicit gambling and scam operations<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Four siblings have received up to 13 years in prison.<\/p>\n","protected":false},"author":680,"featured_media":25617,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"A Vietnamese court has sentenced four siblings and nearly 40 accomplices for operating a US$3.8 billion online gambling and cryptocurrency scheme between 2020-2021. The illicit operation leveraged crypto-based platforms to attract tens of thousands of users, facilitating money laundering and the acquisition of luxury assets. This enforcement action highlights the escalating challenges in combating large-scale unregulated iGaming and crypto-enabled financial crime.","focusai_entities":"Four siblings, Indian national","focusai_location":"Vietnam, Timor-Leste","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Crypto Gambling Enforcement","query":"What specific regulatory and technological countermeasures are being developed to combat the proliferation of large-scale, crypto-enabled illicit gambling operations and associated money laundering activities?"},{"label":"Cross-Border Crime Impact","query":"How will this conviction influence international cooperation frameworks for prosecuting cross-border financial crimes involving iGaming and cryptocurrency, particularly in emerging markets like Southeast Asia?"}],"footnotes":""},"categories":[439,16333],"tags":[24634,4503,24764,94],"class_list":["post-777032185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-news","category-south-east-asia-news","tag-illegal-online-gambling","tag-legal","tag-money-laundering","tag-vietnam"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777032185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777032185"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777032185\/revisions"}],"predecessor-version":[{"id":777032220,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777032185\/revisions\/777032220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25617"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777032185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777032185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777032185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}