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South Korea Cracks Down on Corruption in Crypto Enforcement


by CoinEdition
South Korea Cracks Down on Corruption in Crypto Enforcement
  • Seoul probes police officer for crypto bribery, signaling potential corruption in asset cases.
  • Jurisdiction bypass hints at severe implications for officer in virtual asset bribery probes.
  • Gangnam Police pledges full cooperation amid rising concerns of crypto-related misconduct.

The Seoul Southern District Prosecutors’ Office is looking into a police officer accused of taking bribes in connection with crypto cases.

The investigation, handled by the office’s Virtual Asset Crime Joint Investigation Unit, focuses on claims that the officer accepted money and favors while working on virtual asset cases at the Gangnam Police Station in Seoul. This raises questions about potential corruption within the police force, especially in cases involving cryptocurrencies.

On August 23, authorities searched the Gangnam Police Station where the accused officer is stationed. The Seoul Southern District Prosecutors’ Office, led by Chief Park, oversaw the operation.

Investigators from the Virtual Asset Crime Joint Investigation Unit went to the station’s investigation department to gather evidence related to the bribery allegations. The search is part of a larger investiga…

The post South Korea Cracks Down on Corruption in Crypto Enforcement appeared first on Coin Edition.

Read the article at CoinEdition

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South Korea Cracks Down on Corruption in Crypto Enforcement


by CoinEdition
South Korea Cracks Down on Corruption in Crypto Enforcement
  • Seoul probes police officer for crypto bribery, signaling potential corruption in asset cases.
  • Jurisdiction bypass hints at severe implications for officer in virtual asset bribery probes.
  • Gangnam Police pledges full cooperation amid rising concerns of crypto-related misconduct.

The Seoul Southern District Prosecutors’ Office is looking into a police officer accused of taking bribes in connection with crypto cases.

The investigation, handled by the office’s Virtual Asset Crime Joint Investigation Unit, focuses on claims that the officer accepted money and favors while working on virtual asset cases at the Gangnam Police Station in Seoul. This raises questions about potential corruption within the police force, especially in cases involving cryptocurrencies.

On August 23, authorities searched the Gangnam Police Station where the accused officer is stationed. The Seoul Southern District Prosecutors’ Office, led by Chief Park, oversaw the operation.

Investigators from the Virtual Asset Crime Joint Investigation Unit went to the station’s investigation department to gather evidence related to the bribery allegations. The search is part of a larger investiga…

The post South Korea Cracks Down on Corruption in Crypto Enforcement appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Extortion Plot Lands 14, Including Police Officers, Life Sentences in India

Bitcoin Extortion Plot Lands 14, Including Police Officers, Life Sentences in India

An Indian anti-corruption court has thrown the book at 14 individuals, including seni...
BTS Star Jungkook Targeted as Hackers Steal $28.1M from South Korea’s Elite

BTS Star Jungkook Targeted as Hackers Steal $28.1M from South Korea’s Elite

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