Today news
About the same in other media
S Korean Fraudsters ‘Impersonated Regulators to Scam Victims out of $22.7M’
Reading now: 400
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
South Korean prosecutors have indicted a group of suspected crypto fraudsters who they say impersonated regulators to scam victims out of a total of $22.7 million.
Per Money Today, the group was allegedly masterminded by four men in their 40s.
The group appears to have attempted to dupe worried platform users into paying them $5,000 worth of the stablecoin USDT.
Prosecutors think the group operated bogus trading platforms named BISSNEX and BDCDP that posed as bona fide stock and crypto exchanges.
Read more on cryptonews.comAbout this in other media
New South Korean Regulator ‘Could Speed Up Bitcoin ETF Verdict’ cryptonews.com /3 weeks ago
South Korea Allows Division of Crypto in Divorce Proceedings cryptonews.com /3 weeks ago
Dubai, Switzerland, South Korea Crowned Top Crypto Business Locations in 2024 cryptonews.com /3 weeks ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
