South Korean CEO arrested in $366m crypto scam

The CEO of a South Korean technology firm, Wacon, has been arrested for allegedly masterminding a large-scale crypto scam that defrauded over 500 investors.  CEO Byun Young-oh, along with an accomplice identified as Yeom, orchestrated a Ponzi-style scheme through a…

South Korean CEO arrested in $366m crypto scam
The CEO of a South Korean technology firm, Wacon, has been arrested for allegedly masterminding a large-scale crypto scam that defrauded over 500 investors.  CEO Byun Young-oh, along with an accomplice identified as Yeom, orchestrated a Ponzi-style scheme through a…