Seoul, August 13:슬롯 머신 사이트 추천Cryptocurrency슬롯 머신 사이트 추천platform Wacon's CEO Byun Young-oh was recently arrested for running a Ponzi crypto scheme that슬롯 머신 사이트 추천scammed people, creating USD 366 million in the process. Byun Young-oh ran this crypto scam on his platform Wacon by promising higher returns on Ethereum to the investors, who were mostly elderly people.

According to multiple reports, Byun Young-oh, the South Korean CEO of Wakon, was the슬롯 머신 사이트 추천prime suspect in running this슬롯 머신 사이트 추천Ponzi crypto scheme with an accomplice named Yeom. Wacon, a platform슬롯 머신 사이트 추천that offered슬롯 머신 사이트 추천virtual products without requiring financial슬롯 머신 사이트 추천registration with authorities, targeted elderly citizens.슬롯 머신 사이트 추천What Is DDoS Attack That Disrupted Elon Musk-Donald Trump Interview Live Streaming on X Spaces?

Wacon CEO Byun Young-oh Nabbed for Crypto Fraud of USD 366 Million

The report mentioned that the senior citizens who were trapped in this scam were offered 45% to 50% returns on Ethereum deposits.슬롯 머신 사이트 추천According to reports, Wacon CEO Byun Young-oh was arrested슬롯 머신 사이트 추천for running the Ethereum-themed fraud and슬롯 머신 사이트 추천would face legal consequences.슬롯 머신 사이트 추천Byun and his partner Yeom targeted more than 500 senior citizens, encouraging them to슬롯 머신 사이트 추천invest in Ethereum and promising슬롯 머신 사이트 추천higher returns on their investments.슬롯 머신 사이트 추천

As per a post done on X by Mario Nawfal's Roundtable (@RoundtableSpace) account showing the details of the슬롯 머신 사이트 추천crypto fraud, the슬롯 머신 사이트 추천500+ investors who fell prey to the scam expected higher returns. The reports said that the crypto Ponzi scheme was run슬롯 머신 사이트 추천through the company's MainEthernet service, which슬롯 머신 사이트 추천was highlighted as the슬롯 머신 사이트 추천company's secure wallet.슬롯 머신 사이트 추천

When investors tried to withdraw their슬롯 머신 사이트 추천crypto funds in the summer of 2023, they faced difficulties. Although these issues existed, Byun Young-oh슬롯 머신 사이트 추천assured슬롯 머신 사이트 추천the investors until November 2023, when the signs of collapse started becoming evident. MainEthernet's office signage in the upscale area of Gangnam District of Seoul was removed.슬롯 머신 사이트 추천Aviation Security Alert: Hackers Create Fake GPS Signals To Disrupt Commercial Airline Navigation Systems: Report.

The victims of this crypto슬롯 머신 사이트 추천scam were mostly people over 60 who were not aware of how슬롯 머신 사이트 추천digital currencies worked. Wacon CEO슬롯 머신 사이트 추천Byun Young-oh claimed to be슬롯 머신 사이트 추천innocent despite the many evidences and claims of the victims.슬롯 머신 사이트 추천

(The above story first appeared on LatestLY on Aug 13, 2024 12:53 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).