
Solid Intel reports the officers allegedly aided a cryptocurrency laundering network worth 250 billion KRW, with authorities freezing $1.1 million linked to the operation.
Two South Korean police officers have been indicted for allegedly accepting bribes and aiding a cryptocurrency laundering network valued at about 250 billion KRW ($186 million), according to Solid Intel. The officers are accused of providing intelligence, facilitating account access, and offering operational support to the network. Prosecutors have frozen $1.1 million in assets connected to the case, which highlights concerns over law enforcement corruption involving digital assets.