A South Korean CEO has been arrested in connection with a $366 million cryptocurrency scam. The CEO, whose identity has not been disclosed, was taken into custody following an investigation into fraudulent activities related to cryptocurrency. The scam reportedly involved the misappropriation of funds from investors who were promised high returns on their investments. Authorities are continuing to investigate the case in order to uncover the full extent of the fraud. Cryptocurrency scams have become increasingly common in recent years, highlighting the need for investors to exercise caution when dealing with digital assets.