[South Korean Fraud Gang Involved in Cryptocurrency Scam Defrauds 5.8 Billion KRW, 3 Arrested and Sent to Prosecutors] The Criminal Investigation Mobile Unit of the Chungcheongbuk-do Police Agency in South Korea has arrested the main perpetrator A (in his 40s) and two accomplices suspected of cryptocurrency fraud. They have been sent to the prosecutor's office on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes and regulations related to similar deposit-taking activities. Additionally, four other accomplices have been sent without detention. Investigations revealed that from 2022 to 2023, the gang lured 27 victims into investing by claiming they could manipulate cryptocurrency prices or falsely asserting that certain tokens were about to be listed. The total amount defrauded reached 5.8 billion KRW. The gang members held investment briefings, promising high-net-worth individuals returns of at least three times their investment, though some of the tokens were even delisted. The funds obtained through fraud were primarily spent on entertainment and debt repayment.