Korean Police Establish USDT Money Laundering Task Force, Targeting Money Laundering as an Independent Crime
Svmuu News: The Korean National Police Agency has established a task force specifically targeting cryptocurrency money laundering, led by the head of the Economic Crime Investigation Division. The task force includes the Cyber Crime Investigation Division, Cyber Terror Response Division, Violent Crime Investigation Division, Drug Crime Investigation Division, and Criminal Intelligence Division. Police stated that Tether is being abused as a tool for illegal money laundering, with unregistered virtual asset exchangers spreading across Seoul. Police plan to target money laundering as an independent criminal offense and apply the "Specific Financial Information Act" violation charges against unregistered virtual asset service providers. Police have also secured a budget of 100 million Korean Won for cryptocurrency tracking training. Previously, some bank accounts linked to domestic exchanges had daily deposit limits raised from 5 million Korean Won to 500 million Korean Won, leading to suspicions that they were being used as money laundering channels.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Analysis of TB Coin’s Value: Multiple Projects Share the Same Code, but Investment Potential Varies
-
2
What Is VSC? An Overview of the Vyvo Coin (VSC) Project and Its Current Market Status
-
3
What is ANTS? It is a shared symbol used by multiple projects; be sure to verify which one you are investing in before proceeding.
-
4
Analysis of OZONE Token Value: Distinguishing the Investment Potential of Ozonechain (OZO) and Ozone Metaverse ($OZONE)
-
5
GHC (Galaxy Heroes Coin) Value Analysis: Project Overview and Investment Considerations
-
6
WPC Coin Analysis: The Current Status and Future Prospects of World Peace Coin and WePiggy Coin
-
7
LTC Litecoin: A Review of Price Trends and Halving Events Over the Past Seven Years (2019–2026)
-
8
What Is KNC? An Analysis of the Functions and Trading Platform of KNC, the Core Token of Kyber Network
-
9
A Roundup of Key Listed Companies in the Metaverse: Who Are the Key Players in Building the Virtual World?
-
10
Missing Information on the CHIPI Token Issuance Price: Project Background and Market Overview
Markets Today
Recommended Reading












