South Korea busts $100M underground remittance ring using WeChat, crypto: Report

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South Korea's customs agency has busted a $100M underground remittance ring using WeChat and crypto, charging three suspects.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

South Korea’s customs agency charged three suspects over a more than $100 million crypto-linked remittance scheme using WeChat Pay and Alipay, per Yonhap.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on January 19, 2026.
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