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mastermind of the cryptocurrency scam case

The mastermind of a cryptocurrency scam case involving over 200 million dollars in South Korea has been arrested after fleeing overseas for two years

ChainCatcher news, according to Newsis, a key figure in a cryptocurrency investment fraud case involving over 325.6 billion won (approximately 236.67 million USD) in South Korea has been arrested after being in hiding overseas for more than two years. The suspect, believed to be the mastermind behind the operation, was captured following a lengthy investigation by the police.The gang is accused of defrauding 15,304 people by falsely promising high returns through the sale and issuance of 28 different cryptocurrencies from December 2021 to March 2023.
2025-05-30
South Korea
mastermind of the cryptocurrency scam case
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Qiong ICP No. 2021009392
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