CoinVoice has recently learned that, according to Newsis, a key figure involved in a cryptocurrency investment fraud case in South Korea, amounting to over 325.6 billion won (236.67 million USD), has been arrested after lurking overseas for more than two years. The suspect, believed to be the mastermind of the operation, was captured following a long-term investigation by the police.

The gang is accused of defrauding 15,304 people by selling and issuing 28 different cryptocurrencies with false promises of high returns between December 2021 and March 2023. [Original link]