South Korea Customs Uncovers $102M Crypto Laundering Scheme

South Korean customs officials have uncovered a massive $102 million cryptocurrency laundering scheme linked to a criminal organization. The operation involved converting illicit funds into digital currencies and then transferring them overseas to evade detection. Authorities arrested several individuals connected to the scheme and are investigating further to identify additional suspects. This crackdown highlights ongoing efforts by South Korean authorities to combat financial crimes involving cryptocurrencies.

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