BlockBeats News, June 26th, According to Yonhap News Agency, South Korean prosecutors raided a group suspected of earning tens of billions of Korean won in fees through unregistered foreign exchange operations, and seized 4.4 billion Korean won (approximately $3.2 million) worth of cryptocurrency, including Ethereum. The group is suspected of engaging in illegal currency exchange over the past six years, receiving individual funds and using online payment platforms to recharge various currency accounts, profiting from transaction fees.
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