South Korea Prosecutes 304 Crypto Crime Suspects, Seizes 381.4 Billion KRW
2026-07-20 15:43

Woofun AI reports that South Korean justice authorities have indicted 304 individuals suspected of financial, securities, and virtual asset crimes over the last 12 months. These actions resulted in the seizure and preservation of 381.4 billion KRW in illegal proceeds.

The Ministry of Justice and Prosecution Service highlighted a strategic focus on combating voice phishing, financial and digital asset offenses, and drug-related crimes. Specifically, the Seoul Eastern District Prosecutors' Office Joint Investigation Team indicted 471 people and detained 169 between July 2025 and May 2026. This period saw an 87% increase in average monthly indictments and a 6.7% rise in detentions compared to the preceding three-year average.

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