PANews
PANews|Jul 20, 2026 07:43
[South Korea Cracks Down on Financial, Securities, and Virtual Asset Crimes Over the Past Year, Prosecuting 304 People and Seizing 381.4 Billion Won] According to a report by Digital Asset, over the past year, South Korea's Ministry of Justice and the Prosecutor's Office prosecuted 304 individuals suspected of financial, securities, and virtual asset (digital asset) crimes, and seized and preserved illegal proceeds worth 381.4 billion won. The Ministry of Justice and the Prosecutor's Office explained that they focused their efforts on combating three major malicious crimes that threaten public life: voice phishing, financial and digital asset crimes, and drug-related crimes, achieving tangible results. First, the Voice Phishing Crime Joint Investigation Team of the Seoul Eastern District Prosecutor's Office prosecuted 471 individuals and detained 169 individuals between July 2025 and May 2026. Compared to the previous three years, the average monthly number of prosecutions increased by 87%, and the number of detentions also rose by 6.7%.
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