Customs agency uncovers 7.2 tln won worth of illegal FX trading in H1
Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. The Korea Customs Service uncovered 792 cases of illegal foreign exchange transactions over the January-June period, including the illegal transfer of foreign currency abroad and the concealment of assets overseas. The customs agency noted that some cases involved receiving export proceeds in cryptocurrencies instead of legal tender, such as the U.S. dollar, thereby failing to bring foreign currency earned from exports back to South Korea.
- ▪Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied.
- ▪The Korea Customs Service uncovered 792 cases of illegal foreign exchange transactions over the January-June period, including the illegal transfer of foreign currency abroad and the concealment of assets overseas.
- ▪The customs agency noted that some cases involved receiving export proceeds in cryptocurrencies instead of legal tender, such as the U.S. dollar, thereby failing to bring foreign currency earned from exports back to South Korea.
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Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK Customs agency uncovers 7.2 tln won worth of illegal FX trading in H1 Kang Yoon-seung All News 11:00 July 27, 2026 This will let Google show Yonhap news articles that match or are related to your search Add Yonhap as a preferred source on Google SHARE Facebook X Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG SEOUL, July 27 (Yonhap) -- South Korea uncovered illegal foreign exchange transactions worth 7.2 trillion won (US$4.92 billion) in the first half of 2026, the customs agency said Monday, amid government-wide efforts to curb volatility in the foreign exchange market.
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