South Korea Stunned by ‘Crypto-motivated’ Murder – Is Crypto Crime on the Rise?

South Korea has been rocked by the plain kidnap and homicide of a forty eight-12 months-antique woman in Gangnam, Seoul – against the law that seems to had been motivated by means of crypto.

Four suspects had been arrested.

The alleged crime became stuck on digicam and shared in information reports, which include the video below – a report from the countrywide broadcaster MBC.Per Chosun, Maeil Kyungjae, Joongang, and EToday, 4 men elderly between 24 and 36 had been located into police custody in reference to the crime.

Three are believed to be the assailants in the video, with the youngest concept to be an companion who was hired to “follow” the girl for several months.

The sufferer’s identity turned into not revealed, however media retailers suggested that she became a “former employee” of a crypto-related corporation.

She reportedly owned significant amounts of crypto property, which includes Bitcoin (BTC).

Police said that the girl’s husband have been arrested on crypto-related fraud prices and is presently in police custody expecting trial.

Officers introduced that “there can be more accomplices besides” the ones arrested and were currently searching out “additional suspects.”Police assume the men abducted the woman, held her for 2 days, drugged her with ketamine, and in the end suffocated her – before riding to the close by town of Daejeon.

The sufferer’s frame changed into located near the metropolis’s Daecheong Dam.

Media stores released photographs of the men being taken into police custody.The 24-yr-vintage reportedly advised police that one of the other suspects requested him to help in January, however denied taking component in the kidnap.

Police believe that the 35-yr-antique was the ringleader, and that he had invested nearly $sixty one,000 inside the victim’s former enterprise – a company where he, too, became as soon as hired. Police think that he lost all of the money he had invested.

This man, police think, convinced the 36-year-old to help him kidnap the woman. A 1/3 guy, aged 30, owed cash to the 36-yr-antique – who allegedly stated that he would write off the debt if the more youthful man joined in.

One of the men reportedly told police that the crime “changed into dedicated with the cause of stealing the coins owned by using the sufferer.”Police said the crime become premeditated and defined that the guys regarded to have used cash and pay-as-you-cross mobile telephones to escape arrest.

Officers repeated their claim that the crime became financially encouraged – and that the suspects had was hoping to scouse borrow the female’s crypto holdings.

At least two of the suspects were former college classmates, police cited.

In December last yr, a crypto company CEO become sentenced to twenty-five years in jail after he was determined guilty of stabbing his female friend to loss of life before throwing her from a nineteenth-ground apartment complex.

Police have additionally been combating a upward thrust in crypto-powered drug trafficking.

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