South Korea Flags Crypto MLM Schemes Using ‘Overseas' Loophole Narrative

South Korea's latest wave of crypto-linked multi-level marketing schemes is increasingly being sold under a familiar pitch: “It's an overseas project, so it's fine.” Promoters frame AI trading bots as mere ‘tech services,' node packages as ‘infrastructure participation,' DAO tier systems as ‘community contributions,' and offshore exchange referrals as simple introductions—often insisting that taking funds in Tether (USDT) instead of Korean won keeps them outside domestic rules.