South Korean military personnel used secret passwords for loans to invest in cryptocurrency

South Korean military personnel exchanged secret military passwords for loans to invest in cryptocurrency. One of the soldiers was convicted of violating the Law on the Protection of Military Secrets and received a suspended sentence. The incident revealed financial problems among the military.

Sep 26, 2024 - 12:57
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South Korean military personnel used secret passwords for loans to invest in cryptocurrency
Photo taken from public sources

In South Korea, several military personnel handed over secret military passwords as collateral for a loan that they invested in cryptocurrency. A senior military official was sentenced to probation in prison for violating the Law on the Protection of Military Secrets.

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