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South Korean Cop Sentenced to Six Years in Prison for Bribes Tied to Crypto Crime: Report

South Korean Cop Sentenced to Six Years in Prison for Bribes Tied to Crypto Crime: Report

In brief

  • A former Seoul police officer was sentenced to six years in prison and fined around $77,000 for accepting bribes, per a local report.
  • The officer was in charge of investigating fraud cases related to cryptocurrency and more.
  • The sentencing is the latest in a string of crypto-related crimes and gaffes coming out of South Korea.

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…

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