According to South Korean media outlet YTN, the Incheon Main Customs Office of the Korea Customs Service has uncovered a corporate-level counterfeit luxury goods sales case involving approximately 77,000 fake items, valued at around 120 billion KRW (about $90 million) based on the market price of genuine products. The suspects profited 16.5 billion KRW (about $12.4 million) by selling counterfeit goods through online stores and converted part of the criminal proceeds into cryptocurrencies like Bitcoin, totaling around 500 million KRW (about $380,000), stored in offline cold wallets (hardware wallets) to evade seizure. Law enforcement has confiscated the related crypto assets and frozen assets involved in the case, including apartments, hotels, and luxury cars worth approximately 8 billion KRW (about $6 million). Customs officials stated that this is the first case of crypto asset seizure. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=55732