
Coinone helped return 7.5 billion won to phone-scam victims over three years
- —About 7.5 billion won returned to victims over three years
- —2.47 billion won via Seoul police across 83 cases
- —50.1 billion won via KakaoBank across 412 cases
- —Since Oct. 1 the exchange runs refunds itself under the revised law
Why it matters: The case shows exchanges taking on refund duties as South Korea tightens rules on telecom fraud compensation.
Source: Digital Today