- A crypto fraudster who was declared dead returns and repays victims.
- The episode captures the quirky intersection of South Korea’s crypto scene and law enforcement.
A South Korean crypto fraudster who was declared dead has resurfaced — and repaid most of his victims.
Seoul prosecutors said they restored the legal identity of a man who had been treated as deceased under domestic law, enabling the sale of his frozen cryptocurrency assets and the repayment of about $60,000 to victims of his investment scam, local media outlet Yonhap reported on Wednesday.
After committing a major crypto fraud, the man fled to Cambodia in June 2019, the publication reported. At the request of family members, a Korean court issued a formal declaration of…
