South Korean police arrest 90 people suspected of drug trafficking using cryptocurrency

ChainCatcher news, the South Korean police recently arrested 90 Vietnamese suspects for allegedly using cryptocurrency to sell drugs in various bars and clubs across the country. The police stated that these suspects smuggled drugs into the country by disguising them as coffee and vitamin packages, and distributed them in Vietnamese-operated bars and clubs in multiple cities.

The police initially estimated that the gang smuggled drugs worth 1.04 billion won (approximately 721,000 USD), of which about 710 million won (nearly 500,000 USD) has been successfully sold. Some suspects are illegal residents, and currently, 18 suspects have been detained, with the case still under further investigation.