South Korean police arrested a man in his 40s in August 2024 for allegedly planning a major cryptocurrency scam that defrauded 158 investors of a total of 16 billion won (about $12 million). It is reported that the scam ran from November 2021 to June 2022, and the suspects promised investors a monthly return of 18% under the guise of a fake cryptocurrency mining business. The victims' personal losses ranged from 1.20 million won to 250 million Korean...