Home / Crime / South Korean Police Probe Counterfeit Cash Ring That Targeted Crypto Traders

South Korean Police Probe Counterfeit Cash Ring That Targeted Crypto Traders

Investigators said suspects printed fake 50,000-won bills to scam crypto holders in face-to-face trades.

Police in South Chungcheong province are investigating a criminal group accused of manufacturing counterfeit Korean won bills and using them to defraud cryptocurrency traders during in-person transactions.
According to Chosun Ilbo, the group was foun… [3337 chars]

Source: Decrypt | Published: 2025-12-19T16:16:02Z

Credit: Decrypt

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *