Inner Mongolia Gambling Case Involves 2.95 Billion RMB, USDT Commissions Lead to Sentences

Court upholds verdict for illegal payment platform processing 2.95B RMB for gambling. USDT commissions traced via Tether and OEX data, resulting in 3-6 year prison terms for five defendants.

Woofun AI reports that the Middle Court of Xilin Gol League, Inner Mongolia, upheld the original verdict against Ma for illegal business operations. The defendants operated a fourth-party payment platform facilitating fund settlements for overseas gambling sites via third-party providers, totaling over 2.95 billion yuan with illegal profits of approximately 42.85 million yuan.

The court noted that commissions were partially settled in USDT. Evidence was secured by obtaining wallet addresses from Tether and transaction records from the OEX platform. Ma received a four-year and six-month sentence, a 3 million yuan fine, and confiscation of gains, while four others were sentenced to three to six years. Experts highlighted challenges in linking on-chain activity to real identities without KYC, noting reliance on confessions due to limited professional auditing capabilities in China.