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South Korea’s Stricter Cryptocurrency Fraud Penalties: Life Imprisonment for Major Offenses Following Terra/Luna Incident

South Korea’s Stricter Cryptocurrency Fraud Penalties: Life Imprisonment for Major Offenses Following Terra/Luna Incident


CoinOtag
2024-09-26 14:28:36
South Korea’s Stricter Cryptocurrency Fraud Penalties: Life Imprisonment for Major Offenses Following Terra/Luna Incident

On September 26, COINOTAG reported, per Decrypt, that South Korea’s financial watchdog issued a severe warning concerning cryptocurrency fraud. Under the newly-established “Virtual Asset User Protection Act” from July 2024,

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