Big news in the world of cryptocurrency! A famous South Korean crypto person, called "Coin King," has been arrested again. He's accused of cheating people out of lots of money. This is his second arrest for similar crimes.
- The Coin King tricked people into buying fake cryptocurrency.
- He made the price of the fake crypto go up, then sold it for a huge profit.
- He also bribed important people to help him cheat.
What happened | Amount |
---|---|
Money stolen in the new case | $47 million |
Money stolen in the old case | $14 million |
The Coin King is in big trouble! This shows how important it is to be careful when investing in cryptocurrencies.