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South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report

Authorities are investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments, according to a local media outlet.

Updated May 11, 2023, 3:56 p.m. Published Aug 11, 2022, 12:51 p.m.
Authorities in South Korea have reportedly arrested three people tied to a forex probe involving crypto. (Catherine Falls Commercial/Getty Images)
Authorities in South Korea have reportedly arrested three people tied to a forex probe involving crypto. (Catherine Falls Commercial/Getty Images)