South Korea Finds Nearly $600 Million in Crypto Crime


Reports from the 대한민국 Republic of South Korea (ROK) indicate its Customs Service announced on Wednesday, 31 January 2018, it has discovered “cryptocurrency crimes” which amount to nearly 600 million USD.

ROK Customs Service released a statement claiming to have “uncovered cryptocurrency crimes worth 637.5 billion won ($594.35 million),” according to Reuters. Evidently, it includes illegal foreign exchange trading, a statement released by the country’s customs service said on Wednesday.

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