South Korean police have shut down two suspected crypto scams they think are worth a combined $350 million, with hundreds of victims believed to have been duped. Per Joongboo Ilbo, one case involved a “virtual fashion items” marketplace. This appears to have tricked at least 435 “victims” out of a whopping $333 million. The Suwon District Prosecutor’s Office confirmed on May 30 that it had indicted the CEO and Vice President of the marketplace on fraud-related charges.