The mastermind behind a cryptocurrency fraud case involving over $200 million in South Korea has been arrested after fleeing overseas for two years

According to Newsis, key figures involved in a cryptocurrency investment fraud case involving over 325.6 billion Korean won (236.67 million US dollars) in South Korea have been arrested after hiding overseas for more than two years. The suspect believed to be the mastermind of the operation was arrested after a long-term investigation by the police. The gang is accused of defrauding 15304 people between December 2021 and March 2023 by falsely promising to sell and issue 28 different cryptocurrencies for high returns.