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South Korea has prosecuted 304 individuals involved in financial, securities, and virtual asset crimes over the past year, seizing 381.4 billion Korean won in illegal proceeds.

2026-07-20 07:43

Odaily Planet Daily reported that over the past year, the South Korean Ministry of Justice and the Supreme Prosecutors' Office have jointly prosecuted 304 individuals suspected of financial, securities, and virtual asset crimes, and have seized and preserved illegally obtained proceeds valued at 381.4 billion Korean won. The Ministry of Justice and the Prosecutors' Office stated that their efforts have been concentrated on combating three main categories of malicious crime: voice phishing, financial and digital asset crimes, and drug crimes. The Joint Investigation Team for Voice Phishing Crimes at the Seoul Eastern District Prosecutors' Office indicted 471 people and detained 169 individuals between July 2025 and May 2026; compared to the previous three years, the average monthly number of indictments increased by 87%, and the number of detentions increased by 6.7%.