South Korean authorities have arrested 215 people involved in a $232 million cryptocurrency scam targeting vulnerable investors. The scam primarily operated through unlicensed exchanges and fraudulent investment schemes, with a core group of around 20 individuals allegedly orchestrating the plot. They used false promises of high returns to lure thousands of investors, many of whom suffered substantial financial losses. The police have seized assets, including luxury properties, vehicles, and cash. This crackdown reflects South Korea’s intensified regulatory efforts to curb financial crimes in the crypto sector as the nation aims to bolster investor protections and market transparency.
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Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,850.00
▲ +0.80%
ETH
$1,913.80
▲ +0.50%
USDT
$0.999508
▲ +0.00%
BNB
$592.17
▲ +0.10%
USDC
$0.999709
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.62
▲ +1.20%
TRX
$0.327399
▲ +0.20%
FIGR_HELOC
$1.03
▲ +2.50%
HYPE
$54.15
▼ -3.10%
DOGE
$0.069637
▲ +0.90%
USDS
$0.999986
▲ +0.00%
RAIN
$0.01272
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$509.48
▲ +2.90%
ADA
$0.200978
▼ -2.10%
XMR
$376.53
▲ +1.90%
WBT
$56.11
▲ +0.60%
LINK
$8.17
▼ -0.60%
XLM
$0.160956
▼ -0.40%
DAI
$0.999852
▲ +0.00%
BCH
$214.98
▲ +0.70%
USD1
$0.999859
▲ +0.00%
USDE
$0.999928
▲ +0.00%
GRAM
$1.35
▼ -1.80%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,850.00
▲ +0.80%
ETH
$1,913.80
▲ +0.50%
USDT
$0.999508
▲ +0.00%
BNB
$592.17
▲ +0.10%
USDC
$0.999709
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.62
▲ +1.20%
TRX
$0.327399
▲ +0.20%
FIGR_HELOC
$1.03
▲ +2.50%
HYPE
$54.15
▼ -3.10%
DOGE
$0.069637
▲ +0.90%
USDS
$0.999986
▲ +0.00%
RAIN
$0.01272
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$509.48
▲ +2.90%
ADA
$0.200978
▼ -2.10%
XMR
$376.53
▲ +1.90%
WBT
$56.11
▲ +0.60%
LINK
$8.17
▼ -0.60%
XLM
$0.160956
▼ -0.40%
DAI
$0.999852
▲ +0.00%
BCH
$214.98
▲ +0.70%
USD1
$0.999859
▲ +0.00%
USDE
$0.999928
▲ +0.00%
GRAM
$1.35
▼ -1.80%
BTC
$64,850.00
▲ +0.80%
ETH
$1,913.80
▲ +0.50%
USDT
$0.999508
▲ +0.00%
BNB
$592.17
▲ +0.10%
USDC
$0.999709
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.62
▲ +1.20%
TRX
$0.327399
▲ +0.20%
FIGR_HELOC
$1.03
▲ +2.50%
HYPE
$54.15
▼ -3.10%
DOGE
$0.069637
▲ +0.90%
USDS
$0.999986
▲ +0.00%
RAIN
$0.01272
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$509.48
▲ +2.90%
ADA
$0.200978
▼ -2.10%
XMR
$376.53
▲ +1.90%
WBT
$56.11
▲ +0.60%
LINK
$8.17
▼ -0.60%
XLM
$0.160956
▼ -0.40%
DAI
$0.999852
▲ +0.00%
BCH
$214.98
▲ +0.70%
USD1
$0.999859
▲ +0.00%
USDE
$0.999928
▲ +0.00%
GRAM
$1.35
▼ -1.80%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,850.00
▲ +0.80%
ETH
$1,913.80
▲ +0.50%
USDT
$0.999508
▲ +0.00%
BNB
$592.17
▲ +0.10%
USDC
$0.999709
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.62
▲ +1.20%
TRX
$0.327399
▲ +0.20%
FIGR_HELOC
$1.03
▲ +2.50%
HYPE
$54.15
▼ -3.10%
DOGE
$0.069637
▲ +0.90%
USDS
$0.999986
▲ +0.00%
RAIN
$0.01272
▲ +1.30%
LEO
$9.76
▲ +0.10%
ZEC
$509.48
▲ +2.90%
ADA
$0.200978
▼ -2.10%
XMR
$376.53
▲ +1.90%
WBT
$56.11
▲ +0.60%
LINK
$8.17
▼ -0.60%
XLM
$0.160956
▼ -0.40%
DAI
$0.999852
▲ +0.00%
BCH
$214.98
▲ +0.70%
USD1
$0.999859
▲ +0.00%
USDE
$0.999928
▲ +0.00%
GRAM
$1.35
▼ -1.80%
