{"id":4819,"date":"2024-01-04T20:44:40","date_gmt":"2024-01-05T03:44:40","guid":{"rendered":"https:\/\/cbs26.com\/index.php\/2024\/01\/04\/south-korean-police-arrest-suspected-otc-crypto-thief\/"},"modified":"2024-01-04T20:44:40","modified_gmt":"2024-01-05T03:44:40","slug":"south-korean-police-arrest-suspected-otc-crypto-thief","status":"publish","type":"post","link":"https:\/\/cbs26.com\/index.php\/2024\/01\/04\/south-korean-police-arrest-suspected-otc-crypto-thief\/","title":{"rendered":"South Korean Police Arrest Suspected OTC Crypto Thief"},"content":{"rendered":"<div>\n<figure id=\"attachment_147352\" aria-describedby=\"caption-attachment-147352\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377492-adobestock_127937720.jpeg\" alt=\"A dwelling of shadowy handcuffs on a picket background.\" width=\"1500\" height=\"1001\" data-old-src=\"data:image\/svg+xml,%3Csvgxmlns='http:\/\/www.w3.org\/2000\/svg'viewBox='0015001001'%3E%3C\/svg%3E\" data-lazy-srcset=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377492-adobestock_127937720.jpeg 1500w, https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377492-adobestock_127937720-300x200.jpeg 300w, https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377492-adobestock_127937720-1024x683.jpeg 1024w, https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377492-adobestock_127937720-768x513.jpeg 768w, https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377492-adobestock_127937720-150x100.jpeg 150w\" data-lazy-src=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377492-adobestock_127937720.jpeg\"><figcaption id=\"caption-attachment-147352\">Supply: spaxiax\/Adobe<\/figcaption><\/figure>\n<p><a href=\"https:\/\/cryptonews.com\/news\/huobi-korea-announces-closure-citing-challenging-business-environment.htm\">South Korean<\/a> police bask in arrested a person they bask in of stealing cash as part of a bogus over-the-counter (OTC) crypto alternate.<\/p>\n<p>Per the broadcaster <a href=\"https:\/\/news.kbs.co.kr\/news\/pc\/view\/view.do?ncd=7858281\" target=\"_blank\" rel=\"noopener\">KBS<\/a>law enforcement officers within the town of Icheon, Gyeonggi Province, said they had arrested a person &ldquo;in his 20s&rdquo; on theft-associated fees.<\/p>\n<p>Officers said that the man &ldquo;lured&rdquo; a victim into believing the deal became a bone fide crypto transaction.<\/p>\n<p>The man allegedly equipped to sell the victim unspecified cryptoassets for the sum of spherical $10,700 in cash.<\/p>\n<p>The duo reportedly arranged to meet at a public park in Icheon at 6am on January 4 to achieve the transaction.<\/p>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#127472;&#127479; South Korean Alternate Searches for &lsquo;Lost&rsquo; Householders of $206M Worth of Crypto<\/p>\n<p>The South Korean crypto alternate Bithumb wishes to search out the &ldquo;dormant&rdquo; owners of $206 million worth of coins, in conjunction with <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a>and <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\">#XRP<\/a>.<a href=\"https:\/\/twitter.com\/hashtag\/CryptoNews?src=hash&amp;ref_src=twsrc%5Etfw\">#CryptoNews<\/a><a href=\"https:\/\/t.co\/lfLfubkD6t\">https:\/\/t.co\/lfLfubkD6t<\/a><\/p>\n<p>&mdash; Cryptonews.com (@cryptonews) <a href=\"https:\/\/twitter.com\/cryptonews\/status\/1741756148024324471?ref_src=twsrc%5Etfw\">January 1, 2024<\/a><\/p>\n<\/blockquote>\n<p>On the opposite hand, police claim, the man arrived at the park in a car. The victim then allegedly handed over the cash to the man.<\/p>\n<p>The latter then took the cash, set it within the passenger seat glove field, and then sped away without transferring the coins.<\/p>\n<p>The alleged victim straight away filed a file at the closest police space. Officers arrested the suspect presently after.<\/p>\n<figure id=\"attachment_147353\" aria-describedby=\"caption-attachment-147353\"><img loading=\"lazy\" decoding=\"async\" alt=\"The Icheon Police Space, in Gyeonggi Province, South Korea.\" width=\"676\" height=\"373\" src=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377581-icheon.png\" srcset=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377581-icheon.png 676w, https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377581-icheon-300x166.png 300w, https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/1704377581-icheon-150x83.png 150w\"><figcaption id=\"caption-attachment-147353\">The Icheon Police Space, in Gyeonggi Province, South Korea. (Supply: Yonhap News TV\/YouTube)<\/figcaption><\/figure>\n<h2>OTC in South Korea: Crackdown Incoming?<\/h2>\n<p><span><\/span><br \/>South Korean officers bask in dwelling their sights on regulating the OTC and seek for-to-seek for (P2P) crypto markets, as they crack down on unregistered sales.<\/p>\n<p>Final year, the Korea Customs Service claimed that &ldquo;illegal foreign alternate transactions&rdquo; made the utilization of crypto hit the $4 billion trace in 2022.<\/p>\n<p>Financial regulators bask in<a href=\"https:\/\/cryptonews.com\/news\/south-koreas-biggest-exchanges-help-regulators-hunt-undeclared-crypto-operators.htm\"> teamed up with the nation&rsquo;s largest crypto exchanges in a represent to title and shut down illegal OTC operators<\/a>.<\/p>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#127472;&#127479; 290,000 S Korean Public Sector Staff Forced to Expose Crypto Holdings<\/p>\n<p>Spherical 290,000 South Korean public sector workers will be compelled to notify their crypto holdings ranging from February.<a href=\"https:\/\/twitter.com\/hashtag\/CryptoNews?src=hash&amp;ref_src=twsrc%5Etfw\">#CryptoNews<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/SouthKorea?src=hash&amp;ref_src=twsrc%5Etfw\">#SouthKorea<\/a><a href=\"https:\/\/t.co\/41Qa8EjkVo\">https:\/\/t.co\/41Qa8EjkVo<\/a><\/p>\n<p>&mdash; Cryptonews.com (@cryptonews) <a href=\"https:\/\/twitter.com\/cryptonews\/status\/1742478451854979286?ref_src=twsrc%5Etfw\">January 3, 2024<\/a><\/p>\n<\/blockquote>\n<p>And police yell that darkweb operators consume illicit portals to facilitate thousands and thousands of USD worth of illegal P2P presents.<\/p>\n<p>Laws enforcement officers are <a href=\"https:\/\/cryptonews.com\/news\/s-korean-president-calls-for-war-on-crypto-powered-drug-trafficking.htm\">waging battle on an outbreak of minor crypto-powered drug shopping and selling<\/a>.<\/p>\n<p>In November final year,<a href=\"https:\/\/cryptonews.com\/news\/south-korean-police-arrest-48-in-crypto-powered-drug-trafficking-raids.htm\"> police in Daegu raided a &ldquo;drug trafficking organization&rdquo; that mature crypto as a tool for funds, consuming forty eight of us<\/a>.<\/p>\n<p>Police and public prosecutors bask in <a href=\"https:\/\/cryptonews.com\/news\/south-korean-police-prosecutors-quadruple-spending-crypto-monitoring-tools.htm\">quadrupled their spending on crypto and blockchain analytics instruments as they are searching to end the salvage on offenders<\/a>.<\/p>\n<div>\n<p><em>Enter your electronic mail for our Free Daily Newsletter<\/em>    <\/p>\n<p>    A short 3min be taught about as of late&#8217;s crypto recordsdata!<\/p>\n<div>\n<p>                                This dwelling is stable by reCAPTCHA and the Google        <a href=\"https:\/\/policies.google.com\/privacy\">Privateness Policy<\/a> and        <a href=\"https:\/\/policies.google.com\/terms\">Terms of Service<\/a> apply.    <\/p>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/cryptonews.com\/news\/south-korean-police-arrest-suspected-otc-crypto-thief.htm\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supply: spaxiax\/Adobe South Korean police bask in arrested a person they bask in of stealing cash as part of a bogus over-the-counter (OTC) crypto alternate. Per the broadcaster KBSlaw enforcement officers within the town of Icheon, Gyeonggi Province, said they had arrested a person \u201cin his 20s\u201d on theft-associated fees. Officers said that the man<\/p>\n","protected":false},"author":1,"featured_media":4820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Korean Police Arrest Suspected OTC Crypto Thief - CBS26 Arizona<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cbs26.com\/index.php\/2024\/01\/04\/south-korean-police-arrest-suspected-otc-crypto-thief\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korean Police Arrest Suspected OTC Crypto Thief - CBS26 Arizona\" \/>\n<meta property=\"og:description\" content=\"Supply: spaxiax\/Adobe South Korean police bask in arrested a person they bask in of stealing cash as part of a bogus over-the-counter (OTC) crypto alternate. 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