South Korean Girl ‘Stole Good friend’s $481k Crypto Stash’ to Pay Off Debt

A South Korean girl has been arrested on suspicion of stealing a “buddy’s” $481,000 crypto holdings to repay her money owed.

Police in Jeju Dongbu Police Station, within the self-governing Jeju Island Province, mentioned the girl was aged “in her 40s,” the media outlet Newsis reported on January 16.

South Korean Girl ‘Fled After Stealing Crypto’

A Jeju police spokesperson mentioned the unnamed girl could also be responsible of “fraud and theft.” Officers suppose that she might have violated the Act on the Aggravated Punishment of Particular Financial Crimes.

Police suppose the girl stole a cellphone from the “sufferer” (named as B in media shops) on the latter’s dwelling in Jeju Metropolis at 11:50pm on January 7.

Officers suppose the girl realized B’s private data “prematurely.” She then allegedly used this “to unlock the cellphone.”

The lady then allegedly offered round 700 million gained ($481,000) value of crypto for money, presumably utilizing crypto alternate and banking apps on B’s telephone.

She then reportedly transferred the fiat to her personal financial institution accounts.

Police suppose the girl fled shortly after. Officers claimed she “boarded an airplane” certain for one more a part of South Korea “on the morning of January 8.”

Nevertheless, after B reported the “theft” to the police, officers have been fast to behave. Police traced the suspect’s whereabouts to a lodge in Gumi, North Gyeongsang Province, on the identical day.

Officers confirmed that they had arrested the girl “on an emergency foundation.”

‘Associates’ Met on a Chat App

A spokesperson mentioned the duo had “met on a cell chat app platform a number of months in the past.” Nevertheless, officers didn’t say whether or not the duo have been romantically concerned.

The lady is believed to have made not less than a partial confession. She reportedly said throughout police questioning that she “dedicated the crime to repay her money owed.”

The police spokesperson mentioned the investigation was nonetheless ongoing and that the case had not but been handed on to the prosecution service.

In December final 12 months, a South Korean courtroom sentenced a financial institution worker who stole cash from his employer to purchase crypto to fifteen years in jail.

The month prior, a department of the South Korean excessive courtroom jailed a “theme park” crypto scammer for 12 years.

The fraudster advised his traders he had a allow to construct a multimillion-dollar park close to the Demilitarized Zone and the border with North Korea.

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