🚨🚨 South Korean YouTuber Defrauds Followers of $232 Million Through Worthless Tokens 🚨🚨
In a stunning case of fraud, a South Korean YouTuber with a following of 620,000 has allegedly orchestrated a $232 million scam. Operating under the guise of a “consulting firm,” he promised his followers extraordinary returns of up to 20x on investments in 28 self-created tokens, most of which turned out to be worthless.
From December 2021 to March 2023, he reportedly encouraged followers to sell assets, take on loans, and invest heavily in his pump-and-dump scheme.
The result: 15,000 victims left financially devastated. Following a failed attempt to flee through Hong Kong and Singapore, the YouTuber is now one of 12 suspects detained, as authorities continue to dismantle his “financial empire.”