Cryptocurrency Investment Scam Targets Elderly Investors, Stealing 500 Billion KRW
The Seoul Metropolitan Police Agency's Financial Crimes Unit recently uncovered a massive cryptocurrency investment scam that deceived around 10,000 individuals, particularly elderly women, with...
The Haru Invest Scandal: $1 Billion Loss, CEO Assaulted, and Victims’ Desperate Fight
In June 2023, South Korea's cryptocurrency industry was rocked by the Haru Invest scandal, where over 16,347 investors lost a staggering 1.39 trillion KRW...
Desperate Pleas from Haru Invest Victims: ‘Consider the Suffering of the Victims’
Last month, a shocking incident occurred in which Lee, the CEO of Haru Invest, was stabbed during a court appearance. Lee was facing trial...
The Haru Invest Scandal: Despair of Victims and a Tragedy in Court
The knife attack on Haru Invest CEO Lee, which took place on the 28th at Seoul Southern District Court in Yangcheon-gu, has become a...
Delio Fraud Case Trial: Allegations of Manipulated Principal Guarantee Terms and Intensifying Legal Battle
The fourth hearing in the first trial of Delio CEO Jeong Sang-ho's criminal case was held at the Seoul Southern District Court, where allegations...
Haru Invest CEO Attacked in Courtroom: Investor’s Frustration Leads to Tragedy
On August 28th, a shocking incident occurred at the Seoul Southern District Court when Haru Invest CEO, Mr. Lee (40), was attacked with a...
Court Sentences B&S Holdings Majority Shareholder to 10 Years in Prison for 60 Billion...
The Seoul Southern District Court's 13th Criminal Division, led by Chief Judge Kim Sang-yeon, sentenced Bang, the majority shareholder of B&S Holdings, to 10...
Court Recognizes Exchange’s Liability in First Case Related to Luna Coin Crash
A court has ruled in favor of an investor who filed a lawsuit against the operator of a cryptocurrency exchange, claiming losses due to...
Seoul Southern District Prosecutors’ Office Virtual Asset Crime Joint Investigation Team Marks First Anniversary...
The Virtual Asset Crime Joint Investigation Team (JIT) of the Seoul Southern District Prosecutors' Office has marked its first anniversary by announcing its achievements...
B&S Major Shareholder Faces 15-Year Sentence for Triggering Haru and Delio Scandal
The Seoul Southern District Court has requested a 15-year prison sentence for Bang, a major shareholder of B&S Holdings, who has been indicted for...
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S. Korea urged to adopt bitcoin reserve, won-backed stablecoin amid Trump’s...
South Korea should consider integrating bitcoin into its national reserves and issuing a won-backed stablecoin, financial experts and industry leaders said at a forum...
