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Ex-Cop Gets 6-Year Jail Term for Crypto Fraud Case Bribery in South Korea

A South Korean court has sentenced a former senior police officer to six years in prison and a fine of approximately $73,000 for accepting...

South Korea Proposes 20% Ownership Cap for Major Crypto Exchange Shareholders

South Korean regulators and the ruling party have agreed to propose a 20% ownership cap for major shareholders of domestic cryptocurrency exchanges. Larger platforms...

Asia Drives XRP Growth: Korea Fuels 33% of Global Volume

The Asia-Pacific region is emerging as a primary driver for XRP liquidity and adoption, according to observations from Evernorth. The firm noted significant activity...

620K Bitcoin Error Prompts Scrutiny of S.Korea’s Crypto Oversight

South Korean regulators face scrutiny for failing to detect systemic flaws at the Bithumb cryptocurrency exchange. The criticism follows a major Bitcoin accounting error...

South Korea recovers $21.4 million in stolen Bitcoin after exchange block

South Korean authorities recovered $21.4 million in stolen Bitcoin on February 19, 2026, after blocking the hacker's access to exchange wallets. The forced return...

South Korea Launches Probe After Bithumb’s $40 Billion Bitcoin Error

South Korean regulators have launched a full probe into cryptocurrency exchange Bithumb and the broader industry after the platform mistakenly distributed over $40 billion...

South Korea Introduces AI Monitoring to Curb Crypto Market Manipulation

South Korea's Financial Supervisory Service (FSS) has unveiled a new regulatory plan targeting cryptocurrency market manipulation. The initiative focuses on investigating known manipulation schemes...

South Korea to Boost Crypto Market Manipulation Scrutiny in 2026

South Korea's financial regulator announced plans to intensify scrutiny of cryptocurrency market manipulation starting in 2026. The Financial Supervisory Service (FSS) will target high-risk...

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