According to ChainCatcher, the Busan police in South Korea arrested a group of scammers disguised as cryptocurrency futures investment. On November 21, the police detained the main suspect A and 24 others.
Police investigations show that A and others opened a fraudulent investment website from October last year to May this year, impersonating investment experts, luring 134 victims to participate in 'investment guidance groups' through social media ads and text messages, promising capital protection and high returns, and defrauding approximately 6.5 billion won in total.