The Cybercrime Investigation Section of the Eastern District Prosecutor's Office in Seoul, South Korea, said it has recovered the deleted e-wallet of a fraud defendant and seized 7.60 billion won (about 5.60 million dollars) worth of Ethereum.
Programmer Ahn is accused of defrauding 156 victims between January and February 2019, saying that the tokens he developed were about to go on the exchange, thus stealing 14.60 billion won (about $14.60 million) of investment funds from 156 victims, prosecutors said.
In June of the same year, An was also accused of transferring 1,796 Ethereum to his personal crypto wallet, which was purchased by the gaming platform company he worked for to operate a cryptocurrency exchange.
South Korea's Seoul Prosecutor's Office recovers and seizes Ethereum worth 7.60 billion won
2024-05-06 01:22:11
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