South Korean swaps bitcoins for 2 mln euros in fake notes

in #bitcoin6 years ago


The deal sounded murky from the start: in exchange for bitcoin worth two million euros ($2.3 million), the wealthy buyer would hand over the equivalent sum in cash in a luxury hotel on the French riviera.

The seller, a South Korean businessman with a company specialized in the crypto-currency in Singapore, accepted the proposition nevertheless and met the Serbian buyer in July.

But once the transaction was completed in a hotel in the city of Nice, the South Korean realised the ..