Recently, several domestic _utives, including CTOs and CHOs, of a certain exchange in China have been investigated by the Chinese authorities. The charges against them include running illegal gambling operations. Additionally, other exchanges have also been subject to investigation, and the founder of a third-tier exchange is also being probed, indicating a widespread scope of the investigation. It is suspected that these exchanges might have been involved in providing funding and settlement services for gambling websites and gambling programs. According to data research from CoinTrace, over the past year, the funds related to online gambling, either directly or indirectly linked to mainstream trading platforms_ hot wallets, have exceeded 7.6 billion USDT.