PANews reported on November 19th that, according to Yonhap TV, the Korea Customs Service has launched a special operation targeting illicit financial flows in transnational crimes. Over the past five years, illicit underground remittances have reached 11.4 trillion won, with approximately 83% conducted through crypto assets. Recently, a group using stablecoins (such as USDT) for illicit fund transfers was arrested, involving 920 billion won. Furthermore, foreign currency smuggling is also on the rise, amounting to approximately 240 billion won over the past five years. The Customs Service has formed a 126-person team to strengthen currency concealment inspections and combat illicit financial flows and money laundering.PANews reported on November 19th that, according to Yonhap TV, the Korea Customs Service has launched a special operation targeting illicit financial flows in transnational crimes. Over the past five years, illicit underground remittances have reached 11.4 trillion won, with approximately 83% conducted through crypto assets. Recently, a group using stablecoins (such as USDT) for illicit fund transfers was arrested, involving 920 billion won. Furthermore, foreign currency smuggling is also on the rise, amounting to approximately 240 billion won over the past five years. The Customs Service has formed a 126-person team to strengthen currency concealment inspections and combat illicit financial flows and money laundering.

Korea Customs Service: Over the past five years, illegal money laundering amounted to 11.4 trillion won, with 83% conducted through crypto assets.

2025/11/19 15:24

PANews reported on November 19th that, according to Yonhap TV, the Korea Customs Service has launched a special operation targeting illicit financial flows in transnational crimes. Over the past five years, illicit underground remittances have reached 11.4 trillion won, with approximately 83% conducted through crypto assets. Recently, a group using stablecoins (such as USDT) for illicit fund transfers was arrested, involving 920 billion won. Furthermore, foreign currency smuggling is also on the rise, amounting to approximately 240 billion won over the past five years. The Customs Service has formed a 126-person team to strengthen currency concealment inspections and combat illicit financial flows and money laundering.

Market Opportunity
4 Logo
4 Price(4)
$0,02572
$0,02572$0,02572
+2,34%
USD
4 (4) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.