South Korean Crypto Crime on the Rise?

South Korean courts are becoming increasingly busy with crypto-related cases. Many of these pertain to little-known altcoins and bogus exchanges.

Earlier this month, two crypto exchange executives were jailed on altcoin price manipulation charges.

And a report claimed that South Korean public spaces are now “polluted” with crypto-powered dru*s left by narcotics dealers.

Police say that buyers pay dealers in crypto. The latter then leave bags of dr*gs hidden in water meters, elementary school playgrounds, apartment mailboxes, and drainpipes.

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