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TechFlow news, November 13 — According to Yonhap News Agency, South Korean police have cracked a major fraud case. The primary suspect is a YouTuber with 620,000 subscribers who allegedly lured over 15,000 investors into cryptocurrency trading by falsely advertising high returns. The case involves approximately $213 million. Police have arrested 12 suspects and applied for the seizure of 22 bitcoins.
According to Yonhap News Agency, South Korean police have cracked a major fraud case involving a YouTuber with 620,000 subscribers as the main suspect. The individual lured over 15,000 investors into cryptocurrency trading by falsely advertising high returns, amassing approximately $213 million in damages. So far, authorities have arrested 12 suspects and filed applications to seize 22 bitcoins.
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