South Korean Crypto Exchanges Report 1,400x Surge in Transactions Linked to Sanctioned Cambodian Entities

South Korean cryptocurrency exchanges have witnessed an unprecedented 1,400-fold increase in financial flows connected to Cambodian entities currently under international sanctions. This dramatic surge in transaction volumes has raised significant concerns among financial regulators and compliance officers monitoring potential money laundering activities and sanctions evasion through digital asset platforms. The substantial increase highlights ongoing challenges in crypto regulatory compliance and anti-money laundering (AML) measures within South Korea's rapidly expanding digital currency ecosystem.