South Korea’s Upbit Exchange Disburses 8.5 Billion Won to Hack Victims

Upbit, a cryptocurrency exchange in South Korea, has successfully partnered with law enforcement to minimise investor losses by returning 8.5 billion won ($6.07 million) to 380 victims of voice phishing schemes.
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Illicit Crypto Inflows from Japanese Exchanges Drop in H1 2024: Chainalysis

Illicit crypto inflows tied to scams on Japanese exchanges saw a significant decline in the first half of 2024, according to Chainalysis. Ethereum inflows dropped by 69%, while Bitcoin inflows were nearly halved. Despite progress, scammers are adapting with advanced techniques, requiring enhanced vigilance.
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