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Crypto Fraudsters Bait Victims with Promises of Free ETH and Rolex Watches

The ringleaders of a South Korean crypto fraud ring that sucked victims in with promises of Rolex watches and etheruem (ETH) giveaways have been sentenced to jail. Money Today reported that three individuals were sentenc...

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

Crypto Fraudsters Bait Victims with Promises of Free ETH and Rolex Watches
The ringleaders of a South Korean crypto fraud ring that sucked victims in with promises of Rolex watches and etheruem (ETH) giveaways have been sentenced to jail.
Money Today reported that three individuals were sentenced at a branch of the Seoul Central District Court’s Criminal Division on charges of fraud. The court heard that the trio set up a bogus crypto exchange and duped victims out of over $61,000....
Read More: Crypto Fraudsters Bait Victims with Promises of Free ETH and Rolex Watches

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

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