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South Korea arrests 23 over USDT laundering for Cambodian fraud network

Crypto News: Bitcoin, Ethereum & XRP News | crypto.news [Unoffi… June 16, 2026
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South Korean authorities have dismantled an alleged cryptocurrency laundering operation that moved 16.8 billion won ($11.1 million) through USDT transactions and exchange transfers on behalf of a Cambodia-based phishing syndicate. According to local news outlet Newsis, the Seoul Metropolitan Police…

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