The BKEX Exchange Contract is defined as a gambling behavior, and many employees and agents have been sentenced

Panews January 30th news, recently, the Hunan Pingjiang County People's Court announced a number of criminal judgments involving the BKEX exchange, which clearly defines the platform's contract transaction as gambling behavior, and investigated the criminal responsibility of relevant employees and agents for the crime of opening a casino. Essence

The judgment shows that the BKEX Exchange was founded in Chengdu in 2018 by Ji Jiaming, mainly providing virtual currency exchange and spot trading services. In 2021, the platform launched a perpetual contract trading function. Users bets through USDT to bet on the price of virtual currencies such as BTC and ETH with high -power leverage, and suspected of using the Internet to gather public gambling. As of the incident, the BKEX platform cumulative net profit was about 54.798 million USDT (equivalent to about 300 million yuan), and contract trading users reached 270,000, of which more than 60,000 active users.

Because the founder Ji Jiaming was fleeing, the case was mainly aimed at platform employees and agents. The judgment involves 2 employees and 6 agents. One of the employees Zheng Lei is the wallet engineer, responsible for the support of the technical support of funds. Another employee Wang was responsible for KYC certification and fund settlement. He was sentenced to one year and 11 months in prison and fined 52,000 yuan. Acting Dong Moumou was sentenced to one year and 6 months in prison for the development of offline gambling, one year and 6 months, and fined 35,000 yuan. Relevant illegal income has been recovered and paid to the state treasury.

The court found that the defendants were criminals, and some personnel were punished for lighter punishment for pleading guilty and active retreat.

Earlier in 2023, the BKEX Exchange: Due to the suspected "money laundering" cooperation with the police to obtain evidence, it will suspend the bill of billing .