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South Korean crypto scammer jailed for $460,000 Crypto Fraud

TheNewsCrypto LogoTheNewsCrypto3d ago

South Korean crypto scammer jailed for $460,000 Crypto Fraud - TheNewsCrypto

Quick Summary:

Scam Took Investors’ Money A South Korean court has sentenced three people to prison for crypto scam investors out of 610 million won (about $460,000).

They tricked people by promising big profits from cryptocurrency investments.

The scam started in June 2019 when the group set up an investment company in Busan.

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South Korean crypto scammer jailed for $460,000 Crypto Fraud - TheNewsCrypto (Picture 1)South Korean crypto scammer jailed for $460,000 Crypto Fraud - TheNewsCrypto (Picture 2)

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Article Details

Author / Journalist: Sneha Murali

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 16:38:30 (3 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 280 words

Reading Time: 2 minutes read

Sentences: 28 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27505490

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 10 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "South Korean crypto scammer jailed for $460,000 Crypto Fraud" has 280 words across 28 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "South Korean crypto scammer jailed for $460,000 Crypto Fraud" was covered 3 days ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 10 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #27505490
  • URL: https://chronographically.beamstart.com/news/south-korean-crypto-scammer-jailed-17434798822865

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