South Korean media: The Ministry of Justice will crack down on market manipulation and fraud in the virtual asset market
According to Korean media Digital Asset, the Korean Ministry of Justice stated that "the virtual asset crime joint investigation team of the Seoul Southern District Prosecutor's Office is working hard to crack down on market manipulation of virtual assets, unreported virtual asset exchanges, and virtual asset deposit fraud." The Ministry of Justice selected the PICA fraud case of 90 billion Korean won, illegal exchange business of 5800 Korean won, and the Haru Invest deposit fraud case of 1.4 trillion Korean won as representative examples of the three crimes.
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