Korea Customs $101M Remittance Ring WeChat, Crypto Wallets

Jan 19, 2026 - 13:30
Korea Customs $101M Remittance Ring WeChat, Crypto Wallets
South Korean authorities have uncovered an underground remittance operation that moved roughly 150 billion won (about $100 million to $110 million) through digital assets, according to local media reports. The Korea Customs Service has referred three suspects for prosecution, including a Chinese man in his 30s, on charges of violating the Foreign Exchange Transaction Act,...

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