Odaily Planet Daily News South Korean prosecutors have indicted several suspected cryptocurrency scammers, accusing them of impersonating regulators and defrauding victims of a total of $22.7 million. Prosecutors pointed out that the organization was planned by four men in their 40s and operated fake trading platforms called BISSNEX and BDCDP, impersonating real stock and cryptocurrency exchanges, using a series of complex strategies to deceive potential victims. They "froze" the wallets and then posed as regulatory officials to ask the victims for "investigation fees" and asked them to pay $5,000 worth of USDT to unfreeze the wallets. The Suwon Prosecutor's Office is continuing to investigate the case, and the amount involved is likely to increase. A victim said: "Some victims lost 2 billion won (more than 1.5 million US dollars) in their investments, and the total loss will reach 50 billion won (22.7 million US dollars)." (Money Today)