Just-In: US joins South Korea in crypto phishing scam investigation

In an attempt to impose crypto regulations, the South Korean government has continued to crackdown illegal activities using crypto in the nation. They are actively working towards unveiling crypto scams to further retrieve the citizens’ stolen funds. However, Korean authorities failed to crack one of such long-standing cases of a 2017 cryptocurrency phishing scam, and utilised resources from the US to catch the culprits.