According to Decrypt, the South Korean financial regulatory agency has warned that criminals who profit over $4 million (approximately 5 billion Korean won) from cryptocurrency fraud will face life imprisonment.

The "Virtual Asset User Protection Act" enacted by South Korea in July 2024 includes a series of strict measures to prevent cryptocurrency crimes. Legislators say that the bill was partially inspired by the actions of South Korean cryptocurrency founder Do Kwon and the collapse of cryptocurrency exchange FTX.

Other measures stipulated in the Virtual Asset User Protection Law include imposing fines of three to five times the amount and up to one year in prison for illegal cryptocurrency related activities.

In addition, according to a report by Yonhap News Agency, the South Korean financial regulatory agency has warned that criminals who profit more than $4 million (approximately 5 billion Korean won) from cryptocurrency fraud will face life imprisonment.

The regulatory agency also added that when suspected illegal transactions are discovered, their organization will "concentrate all investigation resources under the principle of zero tolerance and take severe punishment measures". In addition to fines, the bill also contains other measures aimed at making Korean people use digital assets more safely.

For example, the bill requires virtual asset service providers (VASPs) to keep at least 80% of customer funds in cold wallets and must set up reserves to prevent cybersecurity vulnerabilities. In addition, cryptocurrency exchanges are also required to establish strong monitoring mechanisms to detect and report suspicious activities to financial authorities. Specifically, the law prohibits the use of insider information, manipulation of market prices, and unfair trading practices.

(责任编辑：市场数据)

• ·去年日期的发票今年能报销入账吗
• ·特朗普的加密货币合作伙伴抛弃老客户，追逐“让美国再次伟大”的资金
• ·股票打新赚钱-股票打新赚钱吗
• ·火炎币
• ·哈佛大学再度起诉特朗普政府：冲突升级至新高度
• ·什么立冬 什么立-什么立冬 什么立冬的成语
• ·“山寨币季节”：比特币逼近 12 万美元，超流动性鲸鱼的预测
• ·公信宝在哪个平台-公信宝在哪个平台可以交易
• ·哈希率最新价格
• ·PancakeSwap 在交易量上超过 Uniswap，但价格却表明并非如此——为什么？
• ·元宝币行情分析-元宝币行情分析最新
• ·特朗普提议对欧盟征收新关税，比特币跌破 10.9 万美元
• ·云增币价格-云币最新价格
• ·费用报销单表格怎么做
• ·BankSocial 首席执行官：XRP 的潜力需放大 10 亿倍，或将颠覆全球金融格局
• ·光大银行信用卡已发快递怎么查额度啊？