In January, A received a phone call from B, an employee of a virtual asset business, saying, "We will pay 3 million won in compensation for personal information leakage damage entrusted by the Personal Information Protection Committee."

In January, A received a phone call from B, an employee of a virtual asset business, saying, "We will pay 3 million won in compensation for personal information leakage damage entrusted by the Personal Information Protection Committee."
Mr. B knew the number and amount of lotto purchased by Mr. A on the lottery site in 2023, and also showed the documents and business cards of the Personal Information Commission to Mr. A. When B said he would pay compensation for losses in coins, A borrowed 60 million won from a savings bank and deposited it to him. After that, B went into hiding.
On the 4th, the Financial Supervisory Service issued a consumer warning regarding fraud in which fake coins were paid in the name of compensation for personal information leakage.
According to the Financial Supervisory Service, fraudsters approach by paying compensation for damage caused by the leakage of personal information from "lotto sellers" and "lotto number prediction sites" with fake coins. They provided fake documents in the name of government agencies or impersonated employees such as famous virtual asset businesses to reassure investors.
They cheated as if coins were paid on their own coin wallet site and committed fraud by defrauding a large amount of money, saying that more coins were paid than scheduled compensation.
In response, the Financial Supervisory Service showed the business cards of employees of financial companies or virtual asset exchanges and asked consumers to check with the relevant institution if they approach it.
The Financial Supervisory Service said, "If you ask for personal information in the name of signing up for membership in the coin wallet site or force additional loans for the purpose of trading coins, make sure to refuse." He also stressed, "Virtual asset operators that have not been reported to the Financial Information Analysis Institute are likely to be fake exchanges for fraudulent purposes, so make sure to check whether they are reported."
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