gambling addictions<\/a>.<\/strong><\/p>\nSimultaneously, he apologized and said that he wanted to pay the money back. However, Light Technology didn\u2019t believe him. Instead, it uncovered additional details about Ryan\u2019s actions that had it scrambling for immediate results.<\/p>\n
Pilfering Prevention<\/h2>\n
Light Technology had to request an emergency hearing in court in order to have Ryan\u2019s assets frozen. As his run was coming to an end, he apparently began telling the company\u2019s clients that he was leaving the business. At the same time, he allegedly began erasing emails and other data that may have helped build a case against him.<\/p>\n
The court fulfilled the request. But a deep freeze on all of Ryan\u2019s accounts won\u2019t be easy. While the order legally prevents him from accessing or moving the funds in his crypto wallets, it\u2019s possible Ryan already moved funds into untraceable destinations.<\/strong><\/p>\nHowever, the order is in place. As the case continues and he faces criminal charges, the judge ordered him to maintain assets worth at least the value of the embezzlement. The judge, Light Technology, and Ryan will return to the courtroom next week to continue the battle.<\/p>\n","protected":false},"excerpt":{"rendered":"
As if dealing with the recent and massive drop in cryptocurrency prices wasn\u2019t enough, a company that facilitates crypto transactions now faces losses due to embezzlement. UK-based Light Technology Limited operates Transak, a platform that allows users to buy and sell crypto through any app or website. In order to grow the platform, it employed […]<\/p>\n","protected":false},"author":64,"featured_media":226130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62],"tags":[13766,81919,81952,82142],"acf":[],"yoast_head":"\n
Gambling Embezzler Siphons $470k From British Cryptocurrency App Developer - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n