Paymix Investigation Yields Indictment Against 57 Suspects in Illegal Betting Scheme
An indictment has been filed against 57 suspects accused of providing infrastructure to illegal betting sites through Malta-based crypto asset provider Paymix. The indictment seeks prison sentences ranging from 6 to 39 years for various crimes, including money laundering and operating an organization for the purpose of committing crimes.
The investigation revealed that proceeds from illegal betting, gambling, and fraud crimes were transferred to the banking system through payment and electronic money institutions, then directed to crypto asset service providers and converted into crypto assets. This was done to remove the income from the system, making it difficult to track.
According to the indictment, approximately 800 VPN accounts were used by employees and managers within the organization for remote access to various systems. Over 600 remote desktop devices were also used in operational processes. Additionally, more than 500 physical and virtual servers were actively operated for conducting illegal betting activities, running applications, hosting databases, managing financial systems, and performing backup operations.