South Korea sentences crypto scammers to prison in landmark fraud case

31-3-2025 – In a striking verdict from South Korea’s Busan District Court, three men have been handed prison terms for masterminding a cunning cryptocurrency scam that siphoned off 610 million Korean won—roughly $416,000—from unsuspecting investors. The trio, convicted under the Act on the Aggravated Punishment of Specific Economic Crimes, had spun a web of deceit [. . source: https://www.cointrackdaily.com/south-korea-sentences-crypto-scammers-to-prison-in-landmark-fraud-case/