Crypto Blog
Crypto crimes are on the rise across the world, especially with the market-wide boom. Elderly individuals, for one, are one of the most targeted groups, preyed on by fraudsters who convince them through different means to exchange their funds for crypto while promising substantial investment gains.
The duo assured a monthly profit of 70% on investments totaling 1 billion won and even convinced the victim to transfer 5.5 billion won across six transactions. They provided fabricated balance certificates that showed nonexistent investments.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korean police catch $4.1M crypto scam duoThe scammers falsely guaranteed 70% profits on an investment of 1 billion won within a month and stole 5.5 billion won over six different transactions.
Read more »
North Korean hackers steal South Korean chip secrets, says spy agencyNorth Korean hackers have been accused of hacking into and stealing microchip designs from South Korean companies.
Read more »
South Korean investors petition for further delay in crypto taxationThe petition requesting the South Korean government to postpone taxation on cryptocurrency gains has gained over 10,000 signatures so far.
Read more »
South Korean Police Request Aid in Extraditing Do Kwon: ReportCrypto Blog
Read more »
Crypto firm Ledger to launch iPod-inspired crypto wallet in May, after months of delaysThe product has reportedly faced production bottlenecks.
Read more »
Crypto firm Ledger to launch iPod-inspired crypto wallet in May, after months of delaysThe product has reportedly faced production bottlenecks.
Read more »