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Seoul police have cracked an international hacker group involved in cryptocurrency money laundering, with approximately 30 million dollars at stake

Sep 09, 2025 10:32:40

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ChainCatcher news, according to official news from Chainalysis, the Seoul Metropolitan Police Agency has dismantled an international hacker group after two years of investigation, identifying 258 victims including corporate executives and high-net-worth individuals, with involved funds amounting to approximately 39 billion KRW (≈30 million USD). The police utilized Chainalysis Reactor to track on-chain fund flows and collaborated across borders, capturing the main suspect in Thailand and extraditing him back to Korea 106 days later, recovering approximately 14 billion KRW. The group is accused of invading and transferring funds through methods such as illegally activating mobile accounts and impersonating institutional personnel.

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