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

The Korea Customs Service is cracking down on illicit financial flows, uncovering 11.4 trillion won in underground money transfers over the past five years, 83% of which were conducted through crypto assets. Recently, they dismantled a ring that used USDT to transfer 920 billion won and have formed a 126-person team to strengthen their investigations.