The illegal exploitation of virtual asset price discrepancies has resulted in the sentencing of a group responsible for laundering hundreds of billions of won in foreign currency. On February 6th, the 10th criminal division of the Daegu District Court, presided over by Chief Judge Heo Jeong-in, sentenced all four members of the group to imprisonment for violating the Act on Reporting and Using Specific Financial Transaction Information and the Foreign Exchange Transactions Act, as well as obstructing business. The group's fraudulent activities began with requests from Japanese investors to purchase virtual currency in Japan and resell it in Korea for a profit. They exploited price differences between the two countries to generate substantial gains. Subsequently, they illegally exported approximately 400 billion won in foreign currency by converting the virtual currency into cash in Korea and transferring the principal and profits to their Japanese clients. The investigation revealed that the group received approximately 27 billion won in exchange for their illicit activities. Their actions not only violated banking regulations but also hindered legitimate business transactions.