S Korean Police Shut Down $472,000 Group Chat-based Crypto Fraudsters

South Korean police say they have arrested the ringleaders of a $472,000 crypto fraud gang that made use of the group chat function on a social media app to lure in unsuspecting victims.
MBN Money reported that the Incheon Metropolitan Police Agency explained that it had arrested three men in their 20s, including a 26-year-old man, on fraud-related charges. At least 10 other people are also being questioned in connection with the incident….
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