South Korea Uncovers $101.7M Crypto Laundering Scheme Linked to Cross-Border Payments

South Korea’s Korean Customs Service has broken up the largest crypto money laundering operation involving nearly $101.7 million (150 billion Won). As per the reports from Yonhap, three Chinese nationals were arrested, and this illegal activity ran from September 2021 to June 2025. It involved the illegal cross-border movement of