Indonesian Authorities Bust Illegal Crypto Gambling

The authorities in Indonesia are not messing around when it comes to cracking down on illegal online gambling operations. They straight up arrested two suspects, OHW and H, for allegedly running a massive crypto gambling and money laundering ring right under their noses.

These guys had a crazy complex web of shell companies and thousands of bank accounts to disguise where all the money was coming from. Apparently, they were using QR code payments and cryptocurrency to try and cover their tracks, but somehow the fuzz was able to follow the digital breadcrumbs.

They tracked down a ridiculous $32 million dollars worth of assets linked to this gambling empire, including $15 million sitting in over 4,500 bank accounts. Not to mention the cars, bonds and other goodies they confiscated.

The kicker is that the authorities claim OHW and H were running their operations under the guise of legit-sounding companies like PT A2Z Solusindo Teknologi. But in reality, it was just an elaborate shell game (pun intended) to make their gambling and laundering hustle seem above board.