South Korean authorities have caught a major international money exchange ring that laundered approximately $101.7 Million through cryptocurrency.
√ Crime: Laundering through illegal money exchange (known as Hwan-chigi).
√ Action: 4 individuals have been arrested, and their assets have been frozen.
South Korea is now strictly cracking down on crypto-related crimes.
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🚨 SOUTH KOREA BUSTS $102M CRYPTO RING!
South Korean authorities have caught a major international money exchange ring that laundered approximately $101.7 Million through cryptocurrency.
√ Crime: Laundering through illegal money exchange (known as Hwan-chigi).
√ Action: 4 individuals have been arrested, and their assets have been frozen.
South Korea is now strictly cracking down on crypto-related crimes.