Breaking: Korea Custom Services reveal $750M Kimchi Premium false remittances scam

Amid the South Korean Crypto Crackdown, the latest report by the Yonhap News Agency revealed that the Korean Customs Service has confiscated nearly $750 million (885.6 billion won) in false remittances for cryptocurrency transactions this year. Furthermore, the report stated that the country has seen a drastic hike in illegal foreign exchange transactions using virtual

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