Crypto Updates

Korean Crypto Exchanges Block Romance Scammers’ Access to Digital Assets Worth Over $82 Million

Korean Crypto Exchanges Block Romance Scammers’ Access to Digital Assets Worth Over $82 Million


South Korean cryptocurrency exchanges have successfully stopped romance scams and voice phishing criminals from siphoning digital assets worth over $82.6 million in the past year. The exchanges attribute their success in blocking criminals to abnormal transaction detection systems, which assist in flagging possible fraudulent transactions. Romance Scams on the Rise In 2023, South Korean cryptocurrency […]

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