In Dnipro, authorities shut down an underground online casino linked to a businessman under sanctions.

Law enforcement officials have uncovered an underground online casino in Dnipro with an annual turnover exceeding $50 million. It was owned by the son of a sanctioned fugitive businessman.

This was reported by the Office of the Prosecutor General.

According to the investigation, the casino offered gambling services using cryptocurrency. More than 120 individuals were involved in its operations, serving as managers, dealers, and administrators.

During the searches, evidence of criminal activity was documented online, and gaming equipment, electronic storage devices, mobile devices, handwritten notes, and other evidence were seized. Schemes for transferring funds into the shadow economy through cryptocurrency transactions were also discovered.

It has been preliminarily established that the business generated over $5 million for the organizers each month.

Currently, investigators are preparing a petition to the court for the arrest of the seized assets, identifying all individuals involved, and determining the illicit profits. A pre-trial investigation is ongoing regarding the fraud committed by an organized group on a particularly large scale.

Background. Earlier, Mind reported that the owner of the online casino PIN-UP, Ihor Zotyka, is suspected of laundering Russian money and he does not plead guilty.