South Korean YouTuber Scams $232 Million with Fake Coins! 🇰🇷
In a shocking turn of events, a South Korean YouTuber with 620,000 followers scammed $232 million from his viewers. Operating under the guise of a "consulting firm," he promised 20x returns on 28 self-created tokens, most of which were worthless. Between December 2021 and March 2023, he convinced fans to sell their properties, take out loans, and invest in his pump-and-dump scheme.
The fallout? 15,000 victims left with nothing, while the YouTuber attempted to flee to Hong Kong and Singapore. Now, he’s one of 12 suspects in custody, and his so-called "financial empire" is quickly collapsing.