01:18
A 60-year-old Crypto Assets fugitive was arrested in Seoul for throwing a cigarette.
According to ChainCatcher news, reported by Protos, a 60-year-old Crypto Assets fugitive was arrested in Seoul on August 22, 2025, for allegedly defrauding 13 million dollars in Crypto Assets. The man was stopped by police for throwing away a cigarette and attempted to evade further questioning by bribery.
The police stopped the man in the Gwanak District of Seoul, where he begged the officers to let him go while trying to hail a taxi. The man refused to hand over his ID and attempted to flee, but was ultimately arrested. Investigations revealed that he is suspected of carrying out a Crypto Assets scam involving 17.7 billion won (approximately 12.6 million USD) from 2018 to 2019, with around 1,300 victims.
Currently, the man faces 10 charges including assault and fraud, and has been on the run since 2020, now detained by the Southern District Prosecutors' Office in Seoul.
- 1