[South Korea Customs: Virtual Asset Money Laundering Amount Reaches Approximately $6.8 Billion Over the Past Five Years] South Korea Customs has uncovered approximately 11.4 trillion Korean won (around $7.8 billion) in money laundering over the past five years, 83% of which (around 10 trillion Korean won, approximately $6.8 billion) was conducted through virtual assets. Last month, five individuals were arrested for using stablecoins such as Tether to conduct transactions worth approximately 920 billion Korean won (around $628 million) between South Korea and Vietnam, involving around 78,000 illegal fund transfers. South Korea Customs has established a dedicated task force to combat related crimes.