{"id":40957,"date":"2021-04-19T09:54:53","date_gmt":"2021-04-19T06:54:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40957"},"modified":"2025-08-30T16:35:18","modified_gmt":"2025-08-30T13:35:18","slug":"chinese-police-seize-nearly-4-million-in-bitcoin-and-eos-from-gambling-platform-developers","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/chinese-police-seize-nearly-4-million-in-bitcoin-and-eos-from-gambling-platform-developers\/","title":{"rendered":"Chinese police seize nearly $4 million in Bitcoin and EOS from gambling-platform developers"},"content":{"rendered":"<p>Police in Yancheng, Jiangsu province, China, have arrested a group of developers behind a decentralized gaming platform on the EOS blockchain. <a href=\"https:\/\/www.toutiao.com\/i6951330160385884704?wid=1618496356137\" target=\"_blank\" rel=\"noreferrer noopener\"> \u043c\u0435\u0441\u0442\u043d\u044b\u0435 \u0421\u041c\u0418<\/a>, citing law enforcement officials, report.<\/p>\n<p><!--more--><\/p>\n<p>The application concerns Biggame, which allowed users to place bets on various games. According to authorities, from June 2018 to December 2020 the developers allegedly earned 60 million yuan (~$9 million).<\/p>\n<p>The publication reports that during the raid 15 people were arrested and 26 million yuan (~$3.9 million) were seized in Bitcoin and EOS.<\/p>\n<p>Earlier in October 2020, police in Huizhou, Guangdong province <a href=\"https:\/\/forklog.com\/en\/news\/pboc-helps-authorities-arrest-suspects-in-usdt-money-laundering\"> identified suspects<\/a> in the organization of an illegal gambling operation. Authorities halted the operation of three sites and arrested 77 people, who allegedly used the stablecoin Tether to launder nearly 120 million yuan ($18 million).<\/p>\n<p>Follow ForkLog\u2019s news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Police in Yancheng, Jiangsu province, China, have arrested a group of developers behind a decentralized EOS-based gaming platform.<\/p>\n","protected":false},"author":1,"featured_media":40958,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[133,32],"class_list":["post-40957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-china","tag-gambling"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=40957"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40957\/revisions"}],"predecessor-version":[{"id":40959,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40957\/revisions\/40959"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/40958"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=40957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=40957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=40957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}