Several senior executives of a certain exchange are under police investigation, suspected of operating a gambling den

ChainCatcher news, according to an exclusive report by Wu, recently several domestic CTOs, CHOs, and other executives from a certain exchange have been investigated by the Chinese police on charges of operating a casino. In addition, other exchanges have also been investigated, and the founder of a certain third-tier exchange has also come under investigation, with a wide scope that may involve "providing payment settlement services for gambling websites and gambling programs." Bitrace on-chain data research shows that in the past year, the gambling funds directly transferred to or indirectly associated with the hot wallet addresses of mainstream trading platforms have exceeded 7.6 billion USDT.