South Korean gets prison time for $2m crypto scam promising 50% returns

2025-4-4 17:53

A South Korean man in his 30s has been sentenced to three years in prison for defrauding a crypto investor of 2.93 billion won (approximately $2.04 million).  The Changwon District Court convicted the man, identified only as Person A, of… origin »

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South Korea Regulator to Support Proposed Crypto Exchange Regulation

The chairperson of the South Korean Financial Services Commission (FSC) has stated that he is in favour of a proposed reporting system for crypto exchanges operating in the nation. The regulations may serve to make digital currency trading platforms more transparent, as well as helping to protect against money laundering and other financial crimes.

2019-8-28 23:00