Police in Seoul, South Korea have uncovered an international hacking ring involved in crypto money laundering, involving about 30 million dollars
2025-09-09 02:37:24
On September 9, it was reported that the Seoul Police Agency spent two years dismantling an international hacking gang, targeting 258 victims including corporate executives and high net worth individuals, involving about 39 billion won (Technologies 30 million US dollars). The police used Chainalysis Reactor to track the flow of funds on the chain and cooperate across borders. The main culprit was captured in Thailand and extradited to South Korea 106 days later. About 14 billion won has been recovered. The gang is accused of hacking and transferring funds by illegally opening mobile phone accounts and imitating agency personnel.
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