Gate News message, April 26 — Two active-duty South Korean Army officers in their 30s from the Special Warfare Command were each sentenced to two years in prison and fined 54.69 million Korean won by Changwon District Court on April 26 for operating an unlicensed virtual asset exchange and facilitating drug money laundering during their military service.
Between 2023 and 2024, the defendants ran an illegal trading platform via Telegram, assisting buyers in converting approximately 54.69 million Korean won in drug proceeds into cryptocurrency on 90 separate occasions, which was then transferred to sellers.
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