According to DL News, a Korean cryptocurrency fraudster who was previously declared dead has recently reappeared and has repaid victims approximately $60,000. The man committed a major crypto scam in June 2019 and then fled to Cambodia. After his family applied, the court issued a missing person declaration, making him legally considered dead in the country. In January of this year, Cambodian authorities deported him back to Korea. The prosecution immediately arrested him and began handling his legal status. To compensate the victims, the prosecution successfully applied to cancel the missing person declaration, restoring his legal status on February 27, which allowed for the disposal of his frozen bank and crypto accounts. The prosecution, in cooperation with defense lawyers, victims, and exchanges, arranged the sale of his frozen digital assets to repay victims about $60,000. The prosecution stated that it will conduct a strict investigation of the case, while also striving to protect the rights of the parties involved and resolve the dispute by recovering actual losses.

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