Kookmin Ilbo reported that the Busan Headquarters of the Korea Customs Service arrested Mr. A, a man in his 40s, who illegally received and facilitated used car export proceeds using Tether (USDT), and sent him to the prosecution without detention on charges of violating the Foreign Exchange Transactions Act. Mr. A is accused of operating a total of 108 billion won in illegal foreign exchange funds in collusion with used car importers in Uzbekistan for approximately 1 year and 3 months, from September 2024 until the end of last year, and pocketing commissions worth approximately 130 million won.
