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South Korean Police Arrest 215 in $232 Million Cryptocurrency Investment Scam

South Korean Police Arrest 215 in $232 Million Cryptocurrency Investment Scam

CointimeCointime2024/11/13 09:34
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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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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