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Scammed: Korean Police Bust $232M Fraudulent Crypto Scheme, Youtube Star at Center
14.11.2024
South Korean police arrested 215 individuals, including a Youtube influencer, for their role in perpetrating a $232 million crypto scam. 28 Fraudulent Digital Assets Issued The South Korean police recently arrested 215 individuals implicated in a virtual assets scam that fleeced approximately $232...
S. Korean influencer allegedly led $232M crypto scam, 215 arrested
13.11.2024
South Korea has been taking steps to suppress crypto scams. This latest one is the biggest ever though
South Korean Police Arrest 215 in Suspected $232M Crypto Investment Scam Investigation: Yonhap
13.11.2024
The scheme promised 20x returns through investing in tokens that in reality had little value
South Korean Police Arrest 19 in ‘Reading Room’ Crypto Fraud Bust
24.5.2024
South Korean police have arrested 19 people on fraud charges in a swoop on a social media “crypto reading room.”
The post South Korean Police Arrest 19 in ‘Reading Room’ Crypto Fraud Bust appeared first on Cryptonews
South Korean Police Arrest 28 in Raid on ‘Crypto Investment Fraud Ring’
23.5.2024
South Korean police officers have arrested 28 people they suspected of orchestrating a crypto investment fraud ring.
The post South Korean Police Arrest 28 in Raid on ‘Crypto Investment Fraud Ring’ appeared first on Cryptonews
South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring
17.5.2024
South Korean police have arrested 34 people in a raid on a suspected crypto-powered drugs smuggling ring, officers announced on May 16.
The post South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring appeared first on Cryptonews
South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case
16.5.2024
Two South Korean police officers are standing trial over alleged bribery in an increasingly high-profile crypto fraud case.
The post South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case appeared first on Cryptonews
South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust
24.4.2024
South Korean police have arrested 49 people in a raid on a suspected crypto-powered drugs trading gang, officers announced on April 23.
The post South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust appeared first on Cryptonews
South Korean Police Raid Winnerz Offices Over ‘Scam Coin’ Allegations
17.4.2024
South Korean police raided the offices of the sports-themed blockchain platform Winnerz as part of a probe into claims its WNZ token is a “scam coin.”
The post South Korean Police Raid Winnerz Offices Over ‘Scam Coin’ Allegations appeared first on Cryptonews
South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam
26.3.2024
The Haeundae Police Station in Busan, South Korea, has caught a pair of fraudsters who stole $4.1 million from a senior citizen with the promise of profitable crypto investments.
The post South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam appeared first...
South Korean Police Arrest 452 People on Crypto-powered Drug Trafficking Charges
29.2.2024
South Korean police continue to wage “war” on crypto-powered drug trafficking, with officers in the capital Seoul making 452 arrests from June 2022 to December 2023.
The post South Korean Police Arrest 452 People on Crypto-powered Drug Trafficking Charges appeared first on Cryptonews
South Korean Police Arrest ‘Multinational Gang of OTC Crypto Thieves’
27.2.2024
OTC crypto crime appears to be on the rise in South Korea, where police say they have arrested a “multinational gang” who allegedly locked a woman in a car before stealing cash.
The post South Korean Police Arrest ‘Multinational Gang of OTC Crypto Thieves’ appeared first on Cryptonews
South Korean Police Arrest Suspects in Winnerz-linked ‘Scam Coin’ Case
15.2.2024
A suspected scam coin operator was arrested in Gimpo, Gyeonggi Province, South Korea – in a case that appears to be linked to the controversy surrounding the blockchain firm Winnerz. According to YTN, Gimpo police charged an unnamed individual in their 20s with fraud. A second individual (also...
South Korean Ex-Police Officer Denies Crypto ‘Bribery’ Charges
10.1.2024
Source: vectorfusionart/Adobe The trial of a former South Korean police officer has begun in Gwangju. The ex-law enforcer denies taking bribes during a suspected crypto fraud investigation. Per the news broadcaster YTN, the former police sergeant is accused of receiving bribes from a crypto...
South Korean Police Arrest Suspected OTC Crypto Thief
5.1.2024
Source: spaxiax/Adobe South Korean police have arrested a man they suspect of stealing cash as part of a bogus over-the-counter (OTC) crypto exchange. Per the broadcaster KBS, police officers in the town of Icheon, Gyeonggi Province, said they had arrested a man “in his 20s” on theft-related...
South Korean Police Shut Down ‘Gangsters’ $32m Crypto Scam Ring’
29.12.2023
Source: Robert/Adobe South Korean police say they have swooped on a $32 million chat app-based crypto scam ring that they say was being run by a network of “gangsters.” Per Chosun Ilbo, Busan Metropolitan Police, the group comprised nine groups of “violent gangsters” who operated bogus “crypto...
South Korean Police Arrest 48 in ‘Crypto-powered Drug Trafficking’ Raids
30.11.2023
Source: Angelov/Adobe Police in the South Korean city of Daegu say they have raided a “drug trafficking organization” that used crypto as a payment tool – and arrested 48 people. Per Chosun Ilbo, the Daegu Police Agency’s metropolitan investigation unit arrested 44 people connected to a suspected...
South Korean Police Shut Down ‘170-victim Robot-themed Crypto Scam’
28.11.2023
Source: DrArt/Adobe Police in South Korea have arrested a group of people they suspect of duping 170 “crypto investors” – by posing as cryptoasset-issuing robot developers. Per Joongang Ilbo, the Jeonnam Police Agency, officers made at least two arrests, with a 63-year-old and a 36-year-old charged...
South Korean Police Shut Down ‘International Crypto Fraud’ Ring, Freeze $1.2m
8.11.2023
Source: Maksim Shmeljov/Adobe South Korean police have swooped on a group of suspected “international” crypto fraudsters, freezing over $12 million and arresting 49. Newsis reported that the Cyber Investigation Department of the Seoul Metropolitan Police Agency has “arrested a total of 49 people...
South Korean Police Swoop on Suspected Crypto Scam, Arrest 25
7.11.2023
South Korean police have shut down a firm at the center of a suspected crypto scam that allegedly duped 4,000 people out of their funds, arresting 25 people. Per Maeil Shinmun, the firm is thought to have amassed almost $14 million worth of fiat and crypto from its customers, with suspects detained...