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South Korean Cop Sentenced to Six Years in Prison for Bribes Tied to Crypto Crime: Report
A former police officer in South Korea in charge of investigating cryptocurrency fraud cases has been sentenced to six years in prison for accepting 120 million won in bribes, or around $82,000 at today’s exchange rate, according to a local news report from Chosun Ilbo. The officer, identified as “Person A” in the report, accepted around 50 million won in cash and 70 million won via "entertainment fees” between December 2023 and March 2024. The individual was fined 100 million won, around $78,000, in addition to his sentence. “The defendant thought his authority as a senior police officer was power, and ... (full story)
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