【A 60-Year-Old Cryptocurrency Fugitive Arrested in Seoul for Throwing a Cigarette】According to Golden Finance and Protos, a 60-year-old cryptocurrency fugitive was arrested in Seoul on August 22, 2025, for allegedly defrauding $13 million in cryptocurrency. The man was stopped by the police for throwing away a cigarette and attempted to evade further questioning by bribing them. The police intercepted him in the Gwanak District of Seoul, where he pleaded with officers to let him go while trying to hail a taxi. The man refused to hand over his identification and attempted to flee, ultimately being captured. Investigations revealed that he was involved in a cryptocurrency scam that took place between 2018 and 2019, totaling 17.7 billion won (approximately $12.6 million) with around 1,300 victims. Currently, the man faces ten charges, including assault and fraud, and has been on the run since 2020. He is now detained by the Southern District Prosecutor's Office in Seoul.
