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Crypto crime from South Korea to Cambodia surged 1,400-fold last year

South Korea's crypto sector is under heightened scrutiny after transfers to Cambodia jumped 1,400-fold last year, exposing fresh anti-money laundering (AML) challenges for financial regulators. The country's largest crypto exchanges, Bithumb and Upbit, handled the highest volume of suspicious transfers. Bithumb facilitated about 12.4 billion won ($9 million) in transactions, while Upbit processed 366 million [...]

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