S Korean Police Bust Two ‘Crypto Scam Rings’ Worth a Combined $350m – Crypto Fraud on the Rise?
South Korean police have shut down two suspected crypto scams they think are worth a combined $350 million, with hundreds of victims believed to have been duped.
Per Joongboo Ilbo, one case involved a “virtual fashion items” marketplace.
This appears to have tricked at least 435 “victims” out of a whopping $333 million….
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