Jan 19, 2026
Korea Customs Busts International Crypto Ring in $102M Laundering Crackdown
Crimeblockchain enforcementcross-border crypto fraudcryptocurrency crimedigital asset regulationillegal FX transactionsinternational money launderingKorea Customs crackdownSouth Korea crypto laundering
TLDR: Korea Customs Service discovered 148.9 billion won laundered through crypto accounts and Korean banks. Multi-country cryptocurrency purchases were transferred to South Korean wallets before conversion to cash. Laundering network operated for nearly three years disguising transfers as surgery and education payments. Enhanced surveillance targets cryptocurrency foreign exchange violations following successful investigation. South Korea’s [...]
The post Korea Customs Busts International Crypto Ring in $102M Laundering Crackdown appeared first on Blockonomi.
Source: Blockonomi →Related News
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