TechFlow news, May 27 — According to Cointelegraph, South Korean police arrested a Russian man in his twenties on May 27 in Busan. He is suspected of involvement in an attempted robbery related to a cryptocurrency transaction in Seoul. As reported by Gangwon Ilbo, the suspect and two accomplices allegedly posed as cryptocurrency traders, luring 10 South Korean investors to a hotel in Seo-gu, Seoul, intending to rob them of approximately 1 billion KRW (about 730,000 USD) in cash.
During the crime, the suspects wore bulletproof vests, attacked victims with replica handguns and telescopic batons, and bound them with cable ties. One victim managed to escape and alert the police, causing the suspects to flee without succeeding. Police found replica firearms, batons, protective vests, and a money counter among other tools used in the crime at the suspect's hotel room.
The other two accomplices have fled South Korea, and police have requested Interpol assistance to apprehend them.
