A Vietnamese court has sentenced four siblings and dozens of others in a transnational online gambling and crypto case involving $3.8 billion in transactions, state media said Thursday.

Members of the ring, run by four Vietnamese siblings, were charged with organising and participating in online gambling between early 2020 and late 2021 when they were busted by police, the Ho Chi Minh City's Law newspaper reported.

At the end of a two-day trial in Ho Chi Minh City late Wednesday, the four were jailed for between eight and 13 years, it said.

Thirty-nine other defendants were given sentences from three years, suspended, to more than 10 years in jail.

Vietnamese police were also seeking the arrest of an Indian man, believed to be the ring's mastermind, according to the report, which cited

See Full Page