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July 2, 2026
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Guilty Conscience? $30M Crypto Exit Scam in South Korea Refunds Victims

CCN
Guilty Conscience? $30M Crypto Exit Scam in South Korea Refunds Victims

Earlier this week, a crypto exit scam in South Korea called “Pure Bit” disappeared with more than $30 million in user funds. On November 4, the group conducted an initial coin offering (ICO) to raise nearly $30 million using Ethereum (ETH) to build a cryptocurrency exchange. On November 13, as CCN reported, Pure Bit and

The post Guilty Conscience? $30M Crypto Exit Scam in South Korea Refunds Victims appeared first on CCN

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