South Korea Probed 40 Crypto Manipulation Cases Over Two Years

Financial Services Commission Chair Lee Eog-won revealed South Korea investigated 40 crypto manipulation cases in two years. This update coincided with the second anniversary of the Virtual Asset User Protection Act, highlighting regulatory efforts.


South Korea's top financial regulator has actively investigated crypto market manipulation. Financial Services Commission Chair Lee Eog-won recently shared that 40 such cases have been probed over the past two years. This announcement came on the second anniversary of the Virtual Asset User Protection Act, a key law designed to protect digital asset users. These figures highlight the government's commitment to ensuring fair play and security in the rapidly evolving cryptocurrency space, signaling a tough stance against illegal activities.

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