What's Hot

    AI firms are shredding physical books because copyright law is quietly rewarding them

    July 28, 2026

    Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them

    July 28, 2026

    Inside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid

    July 28, 2026
    Facebook Twitter Instagram
    • Business
    • Markets
    • Get In Touch
    • Our Authors
    Facebook Twitter Instagram
    Crypto News: Latest Cryptocurrency News and Analysis
    • Home
    • Business

      Fidelity Buys 7.4% Of Bitcoin Mining Company Marathon Digital Holdings

      February 11, 2021

      Twitter Reacts as Auto Driver Begins Accepting Crypto as Payment

      February 11, 2021

      HSBC Becomes Latest Bank to Suspend Payments to Crypto

      February 4, 2021

      Bitcoin Holds Support; Approaching $50K Resistance

      February 4, 2021

      Cryptocurrency Prices Today: Bitcoin Up Over $47,000, Ether Rises 3%

      February 3, 2021
    • Technology
      1. Business
      2. Insights
      3. View All

      Fidelity Buys 7.4% Of Bitcoin Mining Company Marathon Digital Holdings

      February 11, 2021

      Twitter Reacts as Auto Driver Begins Accepting Crypto as Payment

      February 11, 2021

      HSBC Becomes Latest Bank to Suspend Payments to Crypto

      February 4, 2021

      Bitcoin Holds Support; Approaching $50K Resistance

      February 4, 2021

      AI firms are shredding physical books because copyright law is quietly rewarding them

      July 28, 2026

      Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them

      July 28, 2026

      Inside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid

      July 28, 2026

      Federal court shields Kalshi and Polymarket from Minnesota’s felony crackdown days before deadline

      July 28, 2026

      Bitcoin Climbs as Elon Musk Says Tesla ‘Likely’ to Accept it Again

      March 16, 2021

      Can Cryptocurrency Be Hacked, Stolen Or Scammed? How Can You Be Safe?

      February 11, 2021

      How Investors Can Get In On Crypto Without Actually Buying Any

      February 4, 2021

      Ethereum Just Underwent a Major Change – Hence, The 25% Jump in a Week!

      February 4, 2021
    • Insights
      1. Bitcoin
      2. Ethereum
      3. Eurozone
      4. Monero
      5. View All

      Blockchain Activity Climbs Despite Falling Crypto Prices, Bitwise Says

      July 28, 2026

      New York AG Warns Federal Crypto Bill Could Weaken State Oversight

      July 28, 2026

      SparkKitty Malware Stole Crypto Wallet Recovery Phrases From Photos on iPhones and Android Devices

      July 28, 2026

      Ondo Unveils New Network for Faster, Self-Custodied Onchain Trading

      July 28, 2026

      AI firms are shredding physical books because copyright law is quietly rewarding them

      July 28, 2026

      Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them

      July 28, 2026

      Inside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid

      July 28, 2026

      Federal court shields Kalshi and Polymarket from Minnesota’s felony crackdown days before deadline

      July 28, 2026

      Pump.fun price climbs as BOOST buybacks absorb vesting supply

      July 27, 2026

      Ethereum outperforms Bitcoin as Bitmine buys 9,946 ETH

      July 27, 2026

      BitMEX sued for engineering customer liquidations to seize traders’ Bitcoin collateral

      July 24, 2026

      Ethena price prediction: can ENA hold $0.085 after $26.4M whale wallet transfer?

      July 24, 2026

      U.S. Mint Launches 2026 Minnesota $1 With Liberty Bell Privy

      July 28, 2026

      July 4 Privy Quarter Prices Fall as More Surface

      July 25, 2026

      Heritage Early Copper and Colonial Coin Auction Tops $436,000

      July 24, 2026

      1998 Silver Libertad Sells for $46,125 as Prices Surge

      July 23, 2026

      AI firms are shredding physical books because copyright law is quietly rewarding them

      July 28, 2026

      Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them

      July 28, 2026

      Inside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid

      July 28, 2026

      Federal court shields Kalshi and Polymarket from Minnesota’s felony crackdown days before deadline

      July 28, 2026
    • Markets
    • Get In Touch
    Crypto News: Latest Cryptocurrency News and Analysis
    Home » South Korean Ex-Police Officer Jailed for Taking $82K in Bribes Linked to Crypto Investigations
    Bitcoin

    South Korean Ex-Police Officer Jailed for Taking $82K in Bribes Linked to Crypto Investigations

    行政By 行政March 5, 2026No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    • A former senior Seoul Metropolitan Police Agency officer received a six-year prison sentence and a 100 million won fine for accepting about 120 million won.
    • The payments, roughly 50 million won in cash and 70 million won as “entertainment fees”, were accepted between December 2023 and March 2024 while the officer held direct responsibility for investigating crypto fraud.
    • The Uijeongbu District Court’s Goyang branch ruled the conduct “greatly undermines the fairness and appropriateness of the job and social trust”.

    A former senior officer with the Seoul Metropolitan Police Agency has been sentenced to six years in prison for accepting bribes from individuals under investigation for cryptocurrency fraud.

    The Goyang branch of the Uijeongbu District Court convicted the officer, identified as “Person A” under South Korean court reporting rules, of aggravated bribery, solicitation of bribes and fraud. The court also imposed a 100 million won fine, equivalent to about US$69,000 (AU$105,570).

    According to a report from local outlet Chosun Ilbo, prosecutors said the officer received roughly 120 million won, or about US$82,000 (AU$125K) in payments between December 2023 and March 2024 while assigned to cryptocurrency fraud investigations at the Seoul Metropolitan Police Agency.

    About 50 million won of the payments were delivered directly in cash, while the remaining 70 million won was provided through so-called “entertainment fees,” covering hospitality and services rather than direct transfers.

    A law firm office manager identified as “Person B” arranged introductions between the officer and the bribery sources. Person B was sentenced to two and a half years in prison and fined 50 million won, or about US$34,500 (AU$52K).

    Read more: War Wagers Surge as Conflict Betting Hits Record $2.4B and Scrutiny Mounts

    Court Says Conduct Undermined Investigations

    The court said the officer abused his authority by associating with individuals who were active targets of criminal investigations.

    In its ruling, the bench stated the defendant treated his position “as power” and accepted money and entertainment while interacting with suspects. Judges said the conduct severely damaged public trust and undermined the integrity of law enforcement.

    Prosecutors said the payments effectively neutralised investigations involving those individuals during the four-month period in which the bribes were received.

    The case adds to a series of cryptocurrency-related enforcement failures in South Korea. In one earlier incident, Seoul Metropolitan Police lost 22 Bitcoins worth about US$1.4 million (AU$2.14 million) due to improper evidence storage. 

    Separate bribery investigations in late 2025 also led to indictments of several police officials linked to a US$186 million (AU$284.58 million) cryptocurrency money-laundering operation. Legal commentators have since called for stronger oversight of officers handling digital asset investigations.

    Related: Chainlink Bridges US$5B in Coinbase’s cbBTC to Monad, Expanding Bitcoin Liquidity in DeFi

    Cryptocurrency Law,South Korea#South #Korean #ExPolice #Officer #Jailed #82K #Bribes #Linked #Crypto #Investigations1772709225

    82K Bribes Crypto ExPolice Investigations Jailed Korean Linked Officer South
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    行政
    • Website

    Related Posts

    Inside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid

    July 28, 2026

    Crypto holders face a July 29 Maine deadline as state manual conflicts on when abandoned funds trigger seizure

    July 28, 2026

    How a crypto exchange secretly hid $53M in stolen crypto to prevent a bank run

    July 28, 2026

    Is the Web3 startup extinction event here, as Wall Street silently inherits crypto architecture?

    July 28, 2026
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Millennials Are Quitting Job to Become Day Traders

    January 20, 2021

    Jack Dorsey Says Bitcoin Will Unite The World

    January 15, 2021

    Hong Kong Customs Arrest Four in Crypto Laundering Bust

    January 15, 2021

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    AI firms are shredding physical books because copyright law is quietly rewarding them

    July 28, 2026

    Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them

    July 28, 2026

    Inside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid

    July 28, 2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook Twitter Instagram Pinterest
    • Home
    • Business
    • Markets
    • Technology
    • Contact us
    © 2026 ThemeSphere. Designed by WPfastworld.
    • Easterngifts
    • koreanbj
    • korean bj porn​
    • korean bj nude

    Type above and press Enter to search. Press Esc to cancel.