Six Chinese citizens were arrested on Jeju Island in South Korea for stealing 689 thousand dollars during a Tether stablecoin exchange. They attacked a crypto trader known as A and stole the money, claiming that they had become victims of fraud. Two were arrested at a hotel, three at the airport, and one at another exchange. The police seized 369 million won but are looking for the remaining funds. The detainees deny the charges, stating that they initially planned to exchange Korean won for Chinese currency.
1/20/2025 11:40:29 AM (GMT+1)
Six Chinese citizens were arrested on Jeju Island for attacking a crypto trader and stealing 689 thousand dollars during a Tether (USDT) stablecoin exchange on January 16 💸
69
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
The Indian district of Dantewada digitized 700,000 land records, securing them using the Avalanche blockchain to enhance transparency and prevent forgery
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
Japan is reducing taxes on cryptocurrency and introducing new rules for regulating digital assets, including increased control over unregistered exchanges
El Salvador and Paraguay have signed a cooperation agreement on cryptocurrency regulation to combat illegal operations and improve control over money laundering
President Trump signed an order to create the Strategic Bitcoin Reserve and the National Digital Asset Reserve to strengthen the U.S. position in managing cryptocurrencies
The US has begun returning Chinese cryptocurrency mining machines after their confiscation due to security regulations and trade sanctions against China
Turkish bank BankPozitif is launching a cryptocurrency custody service in partnership with Taurus, having received a license from the Turkish Securities and Exchange Commission for the safe custody of digital assets
