South Korean Police Bust Suspected USD 41.5M Ethereum Crime Ring

Police in Seoul, South Korea, have searched and seized data from at least two unnamed crypto exchanges in the hunt for the masterminds of a suspected ethereum (ETH) fraud ring believed to be worth at least USD 41.5 million.
Per reports from KBS and Joongang Ilbo, the ring made use of multi-level marketing (MLM) or pyramid tactics, and police believe some 1,500 people may  Read more »
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