COGNICURRENT

Feb 4 • 07:31 UTC • 🇰🇷 Korea • Hankyoreh (KR)

The first verdict on virtual asset law has come out… the representative of a market manipulation company was sentenced to 3 years in prison

A virtual asset management company representative was sentenced to three years in prison for artificially inflating cryptocurrency prices, marking the first application of the Virtual Asset User Protection Law's provisions against unfair trading since its enactment is set for July 2024.

#virtual assets #market manipulation #south korea #legal ruling #cryptocurrency

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