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Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months

South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly re...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted in individual losses ranging from 1.2 million […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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