The South Korean technology sector is facing significant scrutiny following the arrest of a CEO linked to a large-scale cryptocurrency scam that defrauded over 500 investors. This incident is compounded by findings from the British Columbia Securities Commission, which uncovered $13 million in fraud associated with a crypto trading platform. In a related development, a cryptocurrency scammer has pleaded guilty to defrauding multiple individuals by promoting a trading bot powered by artificial intelligence. Furthermore, a South Korean civil servant has been charged with embezzling over $400,000 from government funds, with some of the embezzled money allegedly used to invest in cryptocurrencies. These events highlight ongoing issues of fraud and misconduct within the cryptocurrency space in South Korea and beyond.