2026-01-14 07:26:13

Ulsan District Court in South Korea recently sentenced a major drug trafficking and money laundering case. The main culprit was sentenced to 20 years in prison and fined approximately $4.2 million. It is understood that the criminal group's methods were quite covert—they smuggled drugs through international courier networks and then received Bitcoin and other cryptocurrencies via the Telegram platform as transaction payments, using these digital assets to carry out money laundering activities. The case also involved three accomplices, who were sentenced to between 30 months and 3 years in prison. This case once again demonstrates that law enforcement agencies are intensifying efforts to crack down on illegal activities involving cryptocurrencies.

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AltcoinMarathoner

· 17h ago

yeah so here's the thing—like mile 20 of an ultra, regulatory crackdowns are just another wall. fundamentals still point north tho ngl

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SelfSovereignSteve

· 17h ago

Coming together again? Collecting coins and money laundering on Telegram, same old tricks...

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MetaverseHobo

· 17h ago

Here we go again, this time it's a combo of courier + TG + BTC... still got caught, the penalty in 2020 was indeed harsh.

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SlowLearnerWang

· 17h ago

Oh no, got caught again. I thought I could hide on Telegram... --- 20 years, that's a heavy sentence. No wonder people say they need to crack down hard. --- Courier smuggling and coin trading, how come I just heard about this? If I had known earlier, I would have stayed out of it. --- $4.2 million fine... How hard did this guy have to work to cause such a big stir? --- Telegram really isn't safe. So many people are using it, now I'm a bit panicked. --- Law enforcement is really serious this time. Why weren't they this strict before? --- Three months to three years. It seems the sentences for accomplices are a bit more lenient. --- Regarding cryptocurrency, honestly, I didn't realize at first that it could be played like this.

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BlockTalk

· 17h ago

Here we go again, law enforcement is targeting crypto again. This time, using BTC for money laundering is really too obvious.

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