I would rather see long term prison sentences given to these criminals. They're not only cheating the game, but they are cheating the bettors out of a ton of money. What if someone lost a huge bet and took their life over it? Would you blame the cheaters? Would you tell people they shouldn't be gambling?
Obviously someone taking their life is an extreme situation, but you never know how big or small someone is gambling and the stress behind their situation. Long term prison sentences might stop some from cheating their profession.
I would second that opinion. Some people think that white collar crimes are of a lesser magnitude, which is not true. For example, the thieves who stole billions of USD worth of crypto from MtGox is no less evil when compared to serial murderers such as Ted Bundy or Andrei Chikatilo. The latter killed dozens of people directly, while the former did so indirectly by stealing the life savings of their victims. Depending on the magnitude, financial crimes should be punished with lengthy prison sentences. And hardcore criminals such as Sam Bankman-Fraud should be given the capital punishment.