Japan’s Olympic Medalist Arrested for Gambling using Crypto

Takumi Niwa, a 30-year-old Japanese desk tennis star and 2021 Olympic bronze medal winner of Tokyo, was arrested on suspicion of unlawful on-line playing with the assistance of crypto.

The Olympic star of Japan concerned in crypto-driven on-line playing

Based on the Chiba Prefecture Police, the Olympic medal winner on the twenty ninth was transferred to the workplace of the general public prosecutor after having admitted the related fees in the course of the voluntary interrogation.

Based on native media, NIWA is alleged to have positioned bets on the outcomes of sports activities sport through abroad on-line casinos, that are prohibited in response to Japanese laws. Throughout voluntary questions, he reportedly admitted the costs and acknowledged: “I did not understand it was unlawful and I’m very sorry. I am sorry for my followers, “as quoted by Kyodo Information.

Authorities revealed that NIWA used Crypto property to finance its playing actions and bypass conventional banking techniques. His involvement got here to mild throughout a broader police efficiency in opposition to on-line on line casino funds who uncover a community of customers who illegally gamble all through Japan.

The Japanese police have requested strict dealing with of the case, indicating the elevated management of the general public prosecutors on crypto-linked crimes.

Niwa, who beforehand received a silver medal on the Rio 2016 Olympic Video games and took part within the London 2012 matches simply 17, introduced his retirement in 2022 however remained lively within the sports activities group. He was accused of reference to an internet on line casino web site from Japan within the early summer season of 2011, the place he was concerned in playing utilizing cryptocurrencies.