<Anchor>



Cryptocurrency is also being traded more expensively in Korea than in other countries.

This price difference, which is called'Kimchi Premium', reached as much as 20%, raising concerns, but there were cases of actually exploiting this.



For more details, reporter Kim Jung-woo reports.



<Reporter>



In February 2018, A Chinese, who secretly tried to bring in 450 million won to buy an apartment in Seoul, entrusted the work to the Hwanchigi organization.



Cryptocurrency was used by this Hwanchigi organization.



The cryptocurrency bought in China was imported into Korea through an electronic wallet and then converted into cash at a domestic exchange.



It is estimated that the Hwanchigi organization realized a profit of tens of millions of won by using the'Kimchi Premium', which was 20-30% at the time, along with the commission received from Mr. A.



In the past three years, the Korea Customs Service has secretly brought in 17.6 billion won in this way and has detected 17 foreigners who have bought 16 apartments in Seoul, and has been investigating and investigating 10 groups.




[Go Joon-pyeong/Seoul Customs Foreign Exchange Inspector's Office Team Leader: 10 organizations used more than 100 accounts to operate the warfare, and the scale



of carrying in and out was

worth 1.4 trillion won.] The

problem is that only criminal organizations carry out warfare. Is not.



The Internet and SNS are widely shared on how to make profits by buying and selling cryptocurrency on overseas and domestic exchanges through easy exchange for ordinary people.



[Virtual currency YouTuber: Just send Ripple to the domestic exchange and sell it right away. There is hardly any risk-free way to earn 6~7% profit in 10 minutes.] It



is difficult to track the funds that came into Korea in the form of virtual currency from abroad.



It is not easy to detect if you withdraw through multiple accounts through'split' the profits realized on domestic exchanges.



In fact, the amount of remittances from foreigners or non-residents to China identified by the Financial Supervisory Service by the 13th of this month is more than 10 times the average monthly remittances last year.



(Video coverage: Yoohyuk Yoo, video editing: Hwang Jiyoung)