Seoul police return $19M in frozen crypto to voice-phishing victims
- —About 26.3 billion won returned to over 1,100 victims
- —Funds traced across 1,000 crypto accounts and 160,000 bank accounts
- —Six-month freeze limit left roughly 3 billion won unrecovered
- —130 account holders under investigation for concealing criminal proceeds
Why it matters: The case shows exchanges and police can recover stolen funds, but the six-month freeze cap remains a regulatory weak point.
Source: Bloomingbit