Thai and South Korean police dismantle $15M lungo crypto scam

23-9-2025 – Thai authorities, working with South Korean police, have dismantled a $15 million cryptocurrency scam operated by the “Lungo Company,” which targeted over 870 South Korean victims. The group, first reported by the Seoul Metropolitan Police, was apprehended in a coordinated operation, with 25 suspects arrested, including key members detained in Thailand pending extradition [. . source: https://www.cointrackdaily.com/thai-and-south-korean-police-dismantle-15m-lungo-crypto-scam/