{"id":135445,"date":"2024-08-13T18:00:53","date_gmt":"2024-08-13T15:00:53","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135445"},"modified":"2024-08-13T13:43:04","modified_gmt":"2024-08-13T10:43:04","slug":"south-korean-tech-executives-arrested-in-365-million-crypto-fraud","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/south-korean-tech-executives-arrested-in-365-million-crypto-fraud\/","title":{"rendered":"South Korean Tech Executives Arrested in $365 Million Crypto Fraud"},"content":{"rendered":"
The scheme, which allegedly defrauded investors of approximately 500 billion won (around $365 million), primarily targeted elderly individuals with deceptive promises of high returns.<\/p>\n
The arrests follow claims that Wacon operated an unlicensed Ponzi scheme, misleading around 12,000 members through fake crypto investment products.<\/p>\n