Tag: Korean
South Korean Crypto Exchanges Report Nearly 50% Surge in Suspicious Transactions in 2023
South Korea’s FIU reported a record-high number of crypto transactions suspected of involvement in money laundering, market manipulation, and drug trades in 2023.
Life Imprisonment for Korean Crypto Criminals Who Steal More than This Amount?
Depending on the weight of the offense, individuals who make illegal profits of more than five billion won may be sentenced to life imprisonment.
South Korean Prosecutors Arrest Haru Invest Executives Over Embezzlement Allegations (Report)
The arrest comes just one day after Haru posted a “no information” update.
South Korean Government May Soon Rethink the Hostility of Bitcoin ETFs: Report
The newly appointed South Korean Presidential Chief of Staff urged the FSC to consider allowing investment vehicles like the spot Bitcoin ETF amid the unfriendly stance.