South Korea's Ministry of Justice and the Supreme Prosecutors' Office have indicted 304 individuals over the past year for financial, securities, and virtual asset crimes, seizing illegal proceeds worth KRW 381.4 billion. This crackdown is part of a broader effort targeting major crimes threatening public safety, including voice phishing and drug offenses. The Seoul Southern District Prosecutors' Office led the financial and virtual asset crime investigations, resulting in 25 arrests and significant asset seizures from June 2025 to May 2026. Additionally, efforts against voice phishing and drug crimes have seen increased indictments and arrests, reflecting a comprehensive approach to combating crime.
South Korea Indicts 304 in Crackdown on Financial and Virtual Asset Crimes
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