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South Korean Police Bust OTC Crypto Thieves: A Global Gang! | Crypto Land

South Korean Police Bust OTC Crypto Thieves: A Global Gang!

In a shocking incident, South Korean police have apprehended a multinational gang involved in over-the-counter (OTC) crypto theft. Their modus operandi? Trapping a woman in a car and making off with a hefty sum!

The gang, comprising a South Korean man and an Egyptian man, allegedly lured the victim into a phony OTC crypto deal. But instead of digital riches, she found herself locked up.

Responding swiftly to the distress call from Seoul's Gasan District, officers nabbed three culprits on the spot and later caught the remaining trio.

The loot? Along with her cell phone, the thieves snatched a bag containing an eye-popping $127,630 in cold, hard cash.

While the suspects claim they were just defending themselves against a crypto scam, investigators are determined to get to the bottom of this case.

For now, the alleged gang members have been released on bail, but the legal wheels are turning as the prosecution takes charge.