Crypto-keen Korean Soldiers ‘Gave Loan Sharks Top-secret Passwords as Collateral
Several South Korean army officers may have used top-secret military passwords as collateral when borrowing money from loan sharks to buy crypto, media outlets reported on September 23.
The nation’s military Ministry of National Defence said that the unnamed captain was sentenced to a suspended prison sentence in June this year.
He was formally discharged from the military on September 19, the ministry added.
Per the South Korean newspapers Asia Today and News Geongnam, a spokesperson said that Defense Counterintelligence Command officers “became aware of the crime committed by an active-duty captain early this year.”
Loan Sharks ‘Took Passwords as Collateral’ so Soldiers ‘Could Trade Crypto’
They charged the captain in a military court in March this year, accusing him of violating the Military Secrets Protection Act.
The captain was sentenced to two years and six months in prison, although his sentence was suspended for four years.#BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #BecomeCreator #Write2Earn $DYM
