South Korean Woman Jailed for Stealing $500,000 in Crypto From Sleeping Boyfriend
A South Korean woman in her 40s, identified only as “A,” has been sentenced to two years in prison for stealing nearly $500,000 from her boyfriend while he slept. The incident, which occurred on January 5, involved the woman transferring $488,000 (approximately 683 million won) in cryptocurrency from her partner's wallet to her own and stealing an additional $1,430 (around 2 million won) in cash. At the Jeju district court, although she claimed to have partially repaid the amount, the court emphasized the severity of the crime, noting her previous convictions for fraud. The theft highlights a growing trend of crypto-related crimes in South Korea, raising significant concerns about security and regulations in the cryptocurrency space. South Korea's People Power Party has stressed the need for improved digital asset laws following a series of incidents, indicating a political shift in addressing cryptocurrency regulations and crime.
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