Judging by the term of imprisonment he may be sentenced, he was the center of decision-making in all these fraudulent schemes. As I understand it, he took a lot of risks when he took huge loans against unsecured tokens. So lately I quite admit that he took a risk in gambling to try his luck and try to pay back his debts. After all, if he wanted to launder money through casinos, he obviously wouldn't have contacted casinos that require KYC.

What surprised me the most was that he was placed under house arrest. I'm sure he has separate wallets where he keeps the stolen money.