As per BitcoinWorld, South Korean authorities have indicted a police chief and senior officer for accepting bribes from crypto launderers. The officials allegedly received cash, luxury gifts, and other benefits in exchange for sensitive information and favors that helped the launderers move over $144 million in illicit funds through cryptocurrency. The case involves four executives from the illegal crypto firm, who face charges including bribery and concealing criminal proceeds. The scandal has raised concerns about corruption in law enforcement and may influence stricter crypto regulations in South Korea.
South Korean Police Officials Indicted for Accepting Bribes from Crypto Launderers
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