South Korea to formally establish an investigation unit focused on digital asset crimes
The South Korean Ministry of Justice and the Ministry of Interior and Safety will begin discussions in early May to elevate the Joint Investigation Team for Virtual Asset Crimes to an official department. The purpose of this promotion is to solidify the department's position, as it currently operates as a temporary organization under the Seoul Southern District Prosecutor's Office and may be dissolved. The change is expected to improve efficiency through the appointment of new prosecutors and budget allocation, according to Sae-ki. The department is composed of about 30 experts from seven financial and tax regulatory agencies and was established in July 2023 as South Korea's first investigative agency focused on digital asset crimes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SUI Rides L2 Hype, Monero Stays Private—but Qubetics Quietly Emerges as the Top Crypto Presale to Join Now
SUI gains steam with L2 buzz, Monero holds steady in privacy markets, but Qubetics’ real-world tokenization platform is driving $17.5M+ in presale momentum. Find out why it’s the top crypto presale to join now.Qubetics Brings Real World Assets On-Chain—Finally, a Use Case That Hits HomeSUI’s Layer-2 Ambitions Could Be Just the BeginningMonero’s Privacy Appeal Holds Firm—But Can It Compete With Modern Utility Coins?Final Thoughts: All Eyes on the Top Crypto Presale—And Qubetics Leads the Pack
Crypto Market Breaks Out of 4-Year Monthly Range
The TOTAL chart breaks out of a 4-year-long range, signaling a bullish shift in market sentiment.A Simple Yet Powerful Chart PatternBearish Views Look Increasingly Unfounded
Cardano Poised for Another Bullish Surge
Cardano (ADA) mirrors past breakout patterns, hinting at a major move toward the $2.91 target.$2.91: The Next Major Milestone for ADAMarket Confidence and Momentum Rising
ETHGlobal Prague Reveals Top Finalist Projects
THGlobal Prague unveils finalist projects including on-chain games, DeFi tools, and AI-powered dApps.GameFi, AI, and Cross-Chain Tools Lead the WayDeFi Tools and Utility Protocols
Trending news
MoreCrypto prices
More
