Regulation· ★★★· bearish·

Korea law firm adviser accused of pushing Vitos MOU amid KOK coin scandal

  • —Lawmaker Lee Kang-il raised the allegation at the FSS audit on Oct. 19
  • —The claim concerns Hana Bank's stablecoin consortium and the KOK coin fraud case
  • —FSS chief Lee Chan-jin said he received a brief report on Vitos
  • —Hana Bank CEO Lee Ho-sung said Vitos is an unfamiliar company
Why it matters: The scandal ties lawyers, the regulator and a major bank to the KOK coin case and could slow Korea's stablecoin consortium plans.
Source: Bloomingbit
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