South Korean Police Arrest 215 in $232 Million Cryptocurrency Investment Scam
By: Cointime
South Korean police have arrested 215 individuals in connection with a cryptocurrency investment scam that allegedly defrauded victims of over $232 million between late 2021 and March 2023. The scheme was reportedly run by an unidentified YouTuber who convinced Koreans to invest in worthless tokens. Yonhap reported that the investigation is ongoing.
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