Dhaka, May 17 -- The Criminal Investigation Department (CID) has busted an online gambling ring that earned nearly Tk 20 million daily, most of which was laundered abroad through hundi and cryptocurrency.

Eight members of the syndicate, which allegedly managed both domestic and international gambling sites for the past six months, were arrested recently, officials said at a press briefing on Sunday.

The arrestees have been identified as Md Ashraf Uddin Ahmed, 32, Sajib Chakraborty, 29, Md Ashraful Islam, 40, Md Jasim Uddin, 36, Taiyeb Khan, 26, Soumik Saha, 28, Md Kamruzzaman, 36, and Abdur Rahman, 47.

Speaking at the CID headquarters in Dhaka's Malibagh, Additional Inspector General of Police Mosleh Uddin Ahmed said gamblers used mobi...