2026-01-19 18:42:49

South Korean authorities have exposed a major cryptocurrency laundering scheme, seizing approximately $101.7 million linked to the operation. Investigators identified the network utilizing cross-border digital wallets and connected bank accounts to move illicit funds. The case highlights growing regulatory efforts across Asia to combat crypto-related financial crimes and demonstrates how enforcement agencies are tightening oversight of borderless asset transfers in the digital currency ecosystem.

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BlockchainBard

· 01-20 05:40

South Korea's crackdown this time was impressive, over 100 million USD... but they can't run away on the first day, but they won't escape on the fifteenth.

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PumpBeforeRug

· 01-19 19:12

Damn, over a hundred million dollars just gone. That's why wallets need to be diversified.

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MissedTheBoat

· 01-19 19:09

You're at it again, cracking down on money laundering, and this time the amount isn't small.

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GasFeeSobber

· 01-19 19:07

Haha, got caught again. Over 100 million this time is really a bit intense.

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BanklessAtHeart

· 01-19 19:02

Haha, another wave of money laundering caught. This time, South Korea's crackdown is quite fierce. Now those guys doing cross-chain transfers should be nervous. Over a hundred million dollars just gone like that. Honestly, it's a bit frustrating.

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TestnetFreeloader

· 01-19 18:53

Well done, but I'm just worried they might run away quickly...

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