Regulation· ★★★· neutral·

South Korea's FSC votes to refer crypto unfair trading suspects to prosecutors

  • —FSC approved referral of crypto unfair trading suspects to prosecutors
  • —About 40 investigations completed since July, over 30 referred
  • —25 suspects identified, average illicit gain 1.4 billion won per case
  • —Schemes included price manipulation, API-based luring and cross-exchange trading
Why it matters: Tighter enforcement in South Korea raises regulatory risk for exchanges and traders while curbing market manipulation.
Source: TokenPost
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