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The Security Service of Ukraine (SBU) has uncovered that officials from a Kyiv bank were involved in money laundering for underground online casinos. It was determined that the bank officials had created a system to legitimize money from unlicensed online casinos and betting shops by pretending to offer innovative payment services. This way, the dealers were providing services to the illegal gambling industry, which has an annual turnover of 180 billion Ukrainian hryvnias. The bank's hidden profits from these illegal financial transactions amounted to more than 2.5 billion hryvnias each year.

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