South Korean YouTuber Pulls Off $232 Million Scam with Worthless Coins!
š°š· In a shocking twist, a South Korean YouTuber with 620,000 followers used his influence to swindle $232 million from his viewers. Operating under a āconsulting firm,ā he lured followers with promises of 20x returns on 28 homemade tokensāmost of which turned out to be worthless. From December 2021 to March 2023, he convinced fans to sell properties, take out loans, and invest in his pump-and-dump scheme.
The damage? 15,000 victims left with empty pockets, and a failed escape attempt through Hong Kong and Singapore. Heās now one of 12 suspects in custody, and his āfinancial empireā is unraveling fast.