Russian Crypto Scammer Nabbed in Busan After Botched Deal Turns Ugly

Another day, another crypto hustle gone wrong—this time with fists flying. South Korean authorities just collared a Russian national in Busan after a sham digital asset deal escalated into violence.

No surprise here: the ’get rich quick’ crowd keeps attracting the ’get rich quicker by cheating’ crowd. When will they learn? If it smells like a Ponzi and quacks like a rug pull... it’s probably both.

Meanwhile, traditional finance brokers are sipping champagne, watching crypto’s wild west antics from their regulated ivory towers. Some things never change.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.