South Korea’s New Reform Party Promises Tougher Measures Against Crypto Scams
Odaily2024/06/17 08:12
By:Odaily
Odaily News South Korea’s newly formed right-wing political party, the New Reform Party, has announced plans to impose heavy penalties on those involved in financial fraud and scams, particularly targeting individuals involved in
cryptocurrency scams, housing contract scams, and stock
market manipulation. During the 13th Supreme Committee meeting held at the National Assembly on June 17, New Reform Party leader Heo Eun-ah said the party is committed to adopting a US-style criminal code for such economic criminals, with penalties of up to “more than 100 years in prison.” Heo Eun-ah criticized the South Korean legal system for being too lenient with such criminals, citing the recent case of Terraform Labs founder Do Kwon as an example. (MTO)
0
0
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.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Bitcoin ETFs Record $92M Net Inflow as Major Players See Varied Movements
Cryptonewsland•2024/09/22 09:30
VeChain Gains U.S. Patent for Securing User Authentication in Blockchain
Cryptonewsland•2024/09/22 09:30
VanEck predicts Bitcoin growth under both Harris and Trump in 2024
Grafa•2024/09/22 09:20
Ethereum Foundation raises $10 million in ETH sales every 11 days
Grafa•2024/09/22 09:20
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$62,740.31
-0.54%
Ethereum
ETH
$2,581.26
+1.21%
Tether USDt
USDT
$1
+0.04%
BNB
BNB
$583.18
-0.46%
Solana
SOL
$145.5
-1.22%
USDC
USDC
$1
+0.03%
XRP
XRP
$0.5943
+1.66%
Dogecoin
DOGE
$0.1072
+0.85%
TRON
TRX
$0.1517
-0.04%
Cardano
ADA
$0.3527
-0.57%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, SCR, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now