South Korea Court imprisoned money prisons across the border star-news.press/wp

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Tim Alper

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Tim Alper

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Tim Alper is a British journalist and a work feature writer in Cryptonews.com since 2018. He has written for media outlets such as BBC, Guardian, and Chosun Ilbo. He also worked …

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June 22, 2025

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The South Korean court imprisoned two Vietnamese citizens to use Tether (USDT) to operate the cross -border money laundering system.

The Stablecoin duo of the US dollar used the money collected from summer fraud abroad.

Usdt money laundering episode: The defendant’s prison for two years

South Korean media I mentioned the financial news The criminal section of the President of the District Court in Eastern Seoul sentenced Judge Lee Jeong Hyung sentenced to two years in prison on June 22.

The defendants were identified as a university student called Duong (23) and an unemployed person (23).

The court found both individuals guilty of violating the private law on preventing communications, financial fraud and recovery of damage.

Prosecutors made it clear that Douong and FAM were in contact with the hunting fraud episode in October last year.

The ring is recruited through the TELGRAM Open Chat room. The organizers of the episode told Douong and FAM that they would receive the revenue of hunting fragments in the Korean.

Then the duo was directed to use this money to buy USDT, which they then sent to a encryption wallet kept by a member of the sound hunting gang that was residing in Vietnam.

The episode paid the fees for the Dong and FAM committee, 50,000 Won (36.44 dollars) to 100,000 WON (72.88 dollars) per 10 million Won ($ 7,288) from USDT sent.

The judge explains: “The ruling on retail is inevitable.” The judge explains

The court listened to the fact that the audio hunting episode succeeded in deceiving the victims residing in South Korea from cash transfers from thousands of dollars.

Episode employees have launched people who pretend to be credit card delivery workers, insurance company employees, national tax service employees, and even prosecutors.

They usually told potential victims that they were calling for the safety of their bank accounts.

The episode used a set of money laundering techniques, using other partners from Uzbekistan and Vietnam.

The judge said that the court did not make a more severe sentence because none of the defendants had no criminal records in South Korea. But I added:

“Even if the defendants do not organize the crime, they must be punished strongly. They played a fundamental role in the crime, and they behave as mediators. They have also made no special efforts to help compensate the victims for the inconsistent damage.”

The crime related to USDT is a rise in South Korea, where the country’s coin is growing in growth. This year has witnessed a sharp rise in a non -prescription and the United States.