Media & Police Investigate Crypto Links as Family Found Dead in South Korean Sea

cryptonews.com:

Police in South Korea investigating the deaths of a 10-year-old child named Cho Yu-na and both of her parents have announced that the family had made numerous bitcoin (BTC) investments, but denied there was any evidence of luna classic (LUNAC) investments.

The bodies of the trio were found in an upturned car in waters off the coast of the island of Wando, South Jeolla Province, in the Southwest of the country.

The family – which had amassed considerable amounts of credit card debt – had told people that they were going on holiday several days before the car was found and later extracted from the sea.

Police examining the couple’s recent internet search records found evidence of multiple searches related to “cryptoassets” and “sleeping pills.”

The couple – who were both in their 30s – were declared missing on May 31 and were last seen leaving a guesthouse in Wando late on May 30.

Mobile phone records show that the girl’s mother’s phone last gave off a signal near the guesthouse at 1 am on May 31, while her father’s phone last emitted a signal at 4 am (also on May 31) near a harbor on the island.

Police mounted a massive search for the girl and her parents on June 22 after her school reported that she had not attended for several days. Officers visited the girl’s home and found a mailbox full of post. Much of the mail was comprised of unpaid credit card bills.

Numerous media outlets had suggested that the duo may have been LUNAC investors after police revealed that they had both searched for Terra-related coins prior to their deaths.

However, officials at the Gwangju Nambu Police Station announced on July 1, per the news agency Yonhap, that while it was true that the couple had invested in “dozens of assets including bitcoin,” the