FullCrypto
Reading Time: 2 minutes South Korea has introduced life imprisonment as the maximum penalty for cryptocurrency crimes that exceed $4 million in illegal gains The strict law, part of the Virtual Asset User Protection Act, came into effect in July 2024 to combat fraud and market manipulation This legislation was prompted by major crypto collapses…
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Life Sentences Possible for South Korean Crypto Scammers
Reading Time: 2 minutes South Korea has introduced life imprisonment as the maximum penalty for cryptocurrency crimes that exceed $4 million in illegal gains The strict law, part of the Virtual Asset User Protection Act, came into effect in July 2024 to combat fraud and market manipulation This legislation was prompted by major crypto collapses…