South Korean Man ‘Launched Illegal Gambling Site With Help from North Korean Hackers’

South Korean authorities are investigating a man suspected of collaborating with North Korean hackers to establish illegal gambling websites, allegedly making billions of won in profits. The Seoul Central District Prosecutors’ Office is interrogating a man in his 50s who allegedly communicated with the hackers via the Telegram app before launching the site.

Source: CasinoBeats

Key Points

  • The suspect is accused of using software provided by North Korean hackers to create an illegal gambling site.
  • Profits from the site are estimated to be worth billions of won, with some funds reportedly reaching North Korea.
  • The gambling operations included servers based in China and prompted a police investigation.
  • In a related case, another streamer was arrested for placing illegal bets for viewers and facilitating proxy gambling.
  • The police crackdown on illegal gambling continues, with authorities focusing on the rising popularity of proxy betting.

Why should I read this?

If you’re interested in the intersection of cybercrime and gambling, this article dives into a compelling case involving international hacking and illegal betting. It’s a juicy read that reveals how far some will go to make a buck, and the ongoing cat-and-mouse game between law enforcement and criminal enterprises. Definitely worth a few minutes of your time!

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