Chinese man killed in South Korea during crypto trade

Jeju’s police, South Korea, investigate the murder of a Chinese national who would have been killed during a cryptocurrency transaction.

The Jeju West police station announced that four Chinese nationals – two women and two men, one in sixties – were the subject of an investigation for the murder of a man in the thirties in a luxury hotel in the city of Jeju on February 24, according to to local media.

The suspects would have fled with 85 million won ($ 63,500) belonging to the victim, according to to local media.

The case was revealed when a knowledge of the victim reported him after his return from a cryptocurrency agreement. The police arrived in the hotel room around 5:10 p.m. and found the victim dead with several stabs.

Shortly after, a suspect, a woman in the thirties, went to a Seogwipo police station. The authorities then apprehended two other suspects at Jeju International Airport as they were trying to leave the country. The fourth suspect, a man in sixties, was arrested in a hotel casino.

The police now focus on the fact that the suspects planned the attack in advance or if it was a dispute that turned into violence.

According to the first statements, the woman who turned around may have played a central role in crime. Investigators analyze telephone recordings, security images and transactions history to determine the exact sequence of events.

The authorities confirmed that the four suspects entered South Korea on tourist visas and had no prior file of illegal activity in the country. However, the police are also looking to be part of a larger network involved in crimes related to cryptocurrency.

Given the increase in the number of frauds and violent cases linked to digital asset transactions, Jeju law enforcement organizations have increased follow -up of these activities.