BTCC, a Chinese cryptocurrency exchange, is facing renewed scrutiny for allegedly engaging in illegal operations within South Korea. Digital Center reports that BTCC is circumventing regulations by opening disguised accounts at domestic banks, enabling Korean users to deposit funds in Korean Won. This activity is facilitated through the 'BTCC Lite' app, available on both the Google Play Store and Apple App Store. Despite being classified as an unreported overseas exchange by South Korean financial authorities and having its official app removed, BTCC appears to be continuing its operations by rebranding and re-registering a separate application. The exchange's actions raise concerns about regulatory compliance and the potential risks for Korean investors using the platform. Further investigation by financial authorities is expected. ```