South Korean customs officials have reportedly uncovered a significant crypto laundering scheme. According to reports, three Chinese nationals have been referred to prosecutors in connection with the alleged cross-border operation. The scheme involves approximately $102 million. Authorities are continuing to investigate the matter. Crypto laundering schemes remain a concern for regulators worldwide, who are seeking to increase oversight of the digital asset space.

South Korean customs officials have reportedly uncovered a significant crypto laundering scheme. According to reports, three Chinese nationals have been referred to prosecutors in connection with the alleged cross-border operation. The scheme involves approximately $102 million. Authorities are continuing to investigate the matter. Crypto laundering schemes remain a concern for regulators worldwide, who are seeking to increase oversight of the digital asset space.