Korean criminals use USDT to provide revenge services; Telegram becomes a new tool for anonymous crimes

Gate News message: Korean police recently disclosed that some criminal groups use the crypto stablecoin USDT to provide customers with retaliatory attack services. These criminals claim that as long as they pay USDT, they can “carry out any form of revenge,” including damaging door frames, dumping food remnants in apartment building stairwells, or distributing defamatory flyers. Victims do not need to act themselves; intermediaries and part-time enforcers operate via encrypted communication platforms such as Telegram, ensuring anonymity.

Professor Oh Yoon-seong of the Department of Police Administration at Suncheon-eup University said that cryptocurrencies and anonymous communication tools provide the perfect means for avengers, greatly increasing the difficulty for police to track them. The Gyeonggi Province Police said that this year alone, at least six crypto revenge cases have already occurred, and the masterminds are still being pursued. Some group members used subcontracted work opportunities with local food-delivery platforms to steal personal information on more than 1,000 potential victims, thereby planning the attacks.

Police emphasized that although some public Telegram channels themed around revenge have been shut down, “dozens of proxy channels” still appear every day, and the criminal patterns are highly fragmented. Publicly available information shows that some Korean-language posts explicitly offer “custom revenge services,” and even suggest that if cryptocurrency is paid, the attack could be delayed. Some chatroom users were also hired to post spam and pornographic videos in order to force the platform to close specific channels, and they requested payment.

Experts warn that with the widespread adoption of Web3 technology and cryptocurrencies, these illegal revenge services that use USDT as a payment method may continue to spread. Users and businesses need to strengthen cybersecurity awareness, prevent personal information leaks, and be alert to illegal transactions and threats on anonymous platforms.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Chainalysis Details 'Shadow Crypto Economy' Exposure as Grinex Suspends Operations

Grinex’s shutdown is intensifying scrutiny of crypto laundering tactics, as fund movements suggest behavior inconsistent with typical enforcement actions. Chainalysis analysis highlights patterns that raise questions about whether the activity aligns with a conventional external hack or

Coinpedia2h ago

SEC Crypto Shift Clarifies Rules Without Blanket Approval

The SEC has adopted a more lenient stance on crypto regulation, allowing some interfaces to operate without broker-dealer registration, but has not given blanket approval for the industry. Recent guidance clarifies how crypto assets are categorized, emphasizing that federal securities laws apply mainly to digital securities. Enforcement activity has decreased as the agency focuses on fraud and market integrity.

CryptoFrontier3h ago

Polish Parliament Fails to Override President's Veto on Crypto Law; PM Alleges Russian Interference

Polish lawmakers failed to override President Nawrocki's veto on a cryptocurrency regulation bill aimed at aligning with EU standards. Tensions rise as accusations emerge of Russian influence in a major crypto exchange amid liquidity issues and lack of regulation.

GateNews6h ago

Hong Kong SFC Investment Committee Warns Prediction Market Trading May Constitute Illegal Gambling

The Hong Kong SFC warns that prediction markets are speculative and not investment products, lacking regulatory protection. They involve gambling elements, potentially making them illegal. The committee urges the public to differentiate between investment and gambling.

GateNews15h ago

Elizabeth Warren Accuses SEC Chair Paul Atkins of Misleading Congress Over Enforcement Decline

Senator Elizabeth Warren accused SEC Chair Paul Atkins of misleading Congress about enforcement actions' decline. With only 456 new cases in 2025, concerns arise regarding the SEC's effectiveness and the regulatory landscape for cryptocurrency and market oversight.

GateNews18h ago

Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services

Grinex, a sanctioned crypto-ruble exchange, has halted operations due to a cyberattack that stole over $13.74 million in USDT. The attack is believed to involve state-level actors aiming to destabilize Russia's financial system. Grinex is cooperating with law enforcement but has no timeline for resuming services.

Coinpedia19h ago
Comment
0/400
No comments