Man flees after stealing 6 million won in cash using a bait-and-switch scheme for in-person crypto deal; police in pursuit
Uk Jin
Summary
- An incident was reported in Seoul’s Gangnam district in which 6 million won in cash was stolen using an in-person virtual asset (cryptocurrency) transaction as bait.
- The Gangnam Police Station in Seoul said it is tracking a man, identified only as A, who allegedly lured the victim by claiming he would sell virtual assets below market price and then fled with the cash.
- A is reported to have lured the victim via an open chatroom, saying he would sell coins cheaper than the market price.
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Police have launched an investigation after an incident in Seoul’s Gangnam district in which 6 million won in cash was stolen under the pretext of an in-person virtual asset (cryptocurrency) transaction.
According to the industry on the 2nd (Korea time), the Gangnam Police Station in Seoul said it is tracking a man, identified only as A, who allegedly lured the victim by claiming he would sell virtual assets below market price and then fled with the cash.
A is reported to have lured the victim via an open chatroom, saying he was “selling coins cheaper than the market price.”

Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.





