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🚀 Seoul Prosecutors Recover Assets from Crypto Fraudster Declared Dead

Seoul prosecutors have reinstated the legal identity of a crypto fraudster who was previously declared dead, facilitating the repayment of approximately $60,000 to victims from the sale of his frozen assets. According to NS3.AI, the individual fled to Cambodia following a significant crypto fraud in June 2019 and was deported back to South Korea in January. This case emerges amid heightened scrutiny of South Korean authorities regarding other crypto-related issues, such as the loss of seized Bitcoin and the leakage of confiscated-wallet seed phrases.

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