[2025-09-23] The latest IT, economic, blockchain and coin news
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2025-09-23 | Curator: CryptoTerminal
Thai Police Bust $15M Crypto Scam Ring Targeting Hundreds of Koreans
Thai authorities have busted a $15 million criminal enterprise that victimized over 870 South Koreans, in what one expert calls a case study of “multi-layered laundering.” The Seoul Metropolitan Police Economic Crime Investigation Division announced Monday the arrest of 25 members of "Lungo Company," a fraud ring that deployed multiple scam tactics, including romance schemes, crypto fraud, and fake lottery compensation offers. Thai police separately detained the ringleader and eight core member...