Four suspects face death penalty in South Korea crypto murder case
Four South Korean citizens are facing execution amid allegations that they kidnapped and murdered a woman over a failed crypto investment. Lee Kyeong-woo, Hwang Dae-han, and Yeon Ji-ho were all indicted for kidnapping the 48-year-old victim in the Gangnam Ward, Seoul, on March 29. It’s claimed that they murder ed her the following day. Prosecutors allege that the accused were paid 70 million won ($51,000) by Yoo Sang-won and Hwang Eun-hee after the couple purchased 100 million won ($74,000) worth of virtual currency and invested 3 billion won ($2.2 million) at the victim’s recommendation in October 2020. Yoo and Hwang reportedly became embroiled in a dispute with the victim over the investment in struggling crypto ‘ fine dust coin ‘ when its price plummeted and they began to incur losses. Lee then allegedly suggested they steal the victim’s crypto and kill her. Lee, Yeon, and Hwang Dae-han are then alleged to have buried the victim 140km south of the ...