Two South Korean military officers have been sentenced to 2 years in prison for illegally operating a crypto exchange and assisting in drug laundering

According to Yonhap News Agency, two active deputy non-commissioned officers of the Army Special Operations Command in South Korea, who are in their 30s, were each sentenced to 2 years in prison and fined 54.69 million won by the Changwon District Court on April 26 for illegally operating an undeclared virtual asset exchange and assisting in drug trafficking in money laundering during their service.<br /> The investigation showed that the defendant operated an illegal trading platform through Telegram from 2023 to 2024, and assisted buyers in exchanging approximately 54.69 million won in drug money into virtual currency and transferring it to sellers 90 times.