South Korean authorities have exposed a major cryptocurrency laundering scheme, seizing approximately $101.7 million linked to the operation. Investigators identified the network utilizing cross-border digital wallets and connected bank accounts to move illicit funds. The case highlights growing regulatory efforts across Asia to combat crypto-related financial crimes and demonstrates how enforcement agencies are tightening oversight of borderless asset transfers in the digital currency ecosystem.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
BlockchainBardvip
· 1h ago
South Korea's crackdown this time was impressive, over 100 million USD... but they can't run away on the first day, but they won't escape on the fifteenth.
View OriginalReply0
PumpBeforeRugvip
· 11h ago
Damn, over a hundred million dollars just gone. That's why wallets need to be diversified.
View OriginalReply0
MissedTheBoatvip
· 11h ago
You're at it again, cracking down on money laundering, and this time the amount isn't small.
View OriginalReply0
GasFeeSobbervip
· 11h ago
Haha, got caught again. Over 100 million this time is really a bit intense.
View OriginalReply0
BanklessAtHeartvip
· 11h ago
Haha, another wave of money laundering caught. This time, South Korea's crackdown is quite fierce. Now those guys doing cross-chain transfers should be nervous. Over a hundred million dollars just gone like that. Honestly, it's a bit frustrating.
View OriginalReply0
TestnetFreeloadervip
· 11h ago
Well done, but I'm just worried they might run away quickly...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)