Crypto

South Korea Charges 23 Over Crypto Laundering Tied to $11M Cambodian Scam Ring

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In brief

  • South Korean police referred 23 suspects and detained two key figures over laundering crypto proceeds from a Cambodia-based phishing group.
  • The crew allegedly moved $11.1 million (16.8 billion won) in USDT across exchanges, with the suspected ringleader still at large under an Interpol…

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