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South Korean Police Bust Suspected USD 41.5M Ethereum Crime Ring


Police in Seoul, South Korea, have searched and seized data from at least two unnamed crypto exchanges in the hunt for the masterminds of a suspected ethereum (ETH) fraud ring believed to be worth at least USD 41.5 million. Per reports from KBS and Joongang Ilbo, the ring made use of multi-level...

South Korean Police Charge Operators of USD 18m Bogus ‘Thai Crypto’


South Korean prosecutors in the city of Daejeon have busted what appears to be a USD 18.4 million multi-level pyramid scheme centering around a fake token. Per news agency Yonhap, police say that executives from at least one unnamed company convinced “a large number of investors” to invest in...

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