"Even a stone bridge, tap it before crossing."
EthGuardians is a blockchain intelligence firm registered in Hong Kong SAR. We help victims of crypto fraud in South Korea trace stolen assets and pursue recovery through legal channels. 96% historical recovery rate across closed cases. No win, no fee.
South Korea is one of the most crypto-literate markets on earth. The "kimchi premium" made headlines worldwide, and it means two things for victims: almost everyone understands digital assets, and scammers know exactly where to find them.
Report the fraud to the police on 112, or call 182 for cybercrime consultation. The Financial Supervisory Service (FSS) issues fraud alerts and accepts victim reports, and KISA, the Korea Internet and Security Agency, handles internet incident reports. Keep your transaction hashes, the wallet addresses you sent to, the platform URL, and your KakaoTalk chat records. Do not leave the group chat or delete anything. The painful parts are evidence of method.
The fastest-growing scam pattern in Korea is the KakaoTalk "reading room" (리딩방) fraud. A scammer impersonating a famous analyst or celebrity invites you to a group chat, shows fabricated profits, and guides you to deposit on a fake exchange. When you request a withdrawal, they demand a "tax" or "fee" to release it. That demand is the signature of the fraud. No legitimate platform charges you to withdraw your own money.
Speed matters in Korea, and we work at Korean speed. You receive a written assessment within 24 hours of submitting your case. Our forensic team traces the funds on-chain, and our Swiss legal partners at SarahLegal.io pursue freezes and court orders against identifiable recipients. EthGuardians is registered in Hong Kong SAR under AI Data Intelligence, and we charge only after recovered funds reach you.
We serve clients in Seoul, Busan, Incheon, Daegu, and Daejeon, and the entire process runs online, so your location never limits your options.
Call 112 for emergencies and 182 for cybercrime consultation. Your nearest police station can also take the report.
The supervisory authority that issues fraud alerts and accepts victim reports.
The Korea Internet and Security Agency, which handles internet incident reports and response.
Seoul, Busan, and Incheon most often, with reading-room fraud the most common pattern. The process is fully online, nationwide.
We combine blockchain forensics, Ethereum smart contract technology, and Swiss legal expertise to trace, freeze, and recover digital assets lost to any type of fraud.
A structured four-step process combining advanced blockchain forensics with formal legal action.
We never promise outcomes. We can, however, be honest about patterns. The labels below reflect general tendencies; your written assessment decides what applies to your case.
Victims of one scam are targeted again by fake recovery services. We never ask for seed phrases, private keys, two-factor codes, remote desktop access, or any upfront payment. Anyone who asks for these in our name is an impersonator.
The following testimonials represent verified client experiences. Names are anonymised to protect client privacy.
Busan, South Korea • January 2026
"A KakaoTalk reading room run by someone impersonating a famous analyst took 85 million won from me. I only understood it was fraud when withdrawals were blocked. EthGuardians sent a written review within 24 hours and recovered 72 million won."
Seoul, South Korea • September 2025
"I deposited 46 million won on a fake exchange. My police report went nowhere until the tracing report gave it new direction. I got 41 million won back."
You pay nothing when you engage us. Our fee, agreed in writing before work begins, comes out of recovered funds after they reach your wallet. If we do not recover anything, you owe nothing.
Never. We do not ask for seed phrases, private keys, two-factor codes, remote desktop access, or any upfront payment. Anyone who asks for these in our name is an impersonator.
Call the police on 112, or 182 for cybercrime consultation. Keep transaction hashes, the wallet addresses you sent to, the platform URL, and your KakaoTalk chat records. Checking the platform against FSS fraud alerts also helps.
It depends on the case. You receive a written assessment within 24 hours. Tracing takes weeks; cases that involve court action can take months. We give you an honest outlook in writing before you commit to anything.
Four things: no upfront fees, no requests for seed phrases, a written assessment before you commit, and a verifiable company registration. EthGuardians is registered in Hong Kong SAR under AI Data Intelligence.
The blockchain does not forget. Delay makes tracing harder, but the record of every transaction is still public. A free case review tells you where you stand.
