South Korean regulatory agency warns: fraud profits exceeding 4 million magnesium will face life imprisonment
According to Decrypt, the South Korean financial regulatory agency has warned that criminals who profit over $4 million (approximately 5 billion Korean won) from cryptocurrency fraud will face life imprisonment.
The "Virtual Asset User Protection Act" enacted by South Korea in July 2024 includes a series of strict measures to prevent cryptocurrency crimes. Legislators say that the bill was partially inspired by the actions of South Korean cryptocurrency founder Do Kwon and the collapse of cryptocurrency exchange FTX.
Other measures stipulated in the Virtual Asset User Protection Law include imposing fines of three to five times the amount and up to one year in prison for illegal cryptocurrency related activities.
In addition, according to a report by Yonhap News Agency, the South Korean financial regulatory agency has warned that criminals who profit more than $4 million (approximately 5 billion Korean won) from cryptocurrency fraud will face life imprisonment.
The regulatory agency also added that when suspected illegal transactions are discovered, their organization will "concentrate all investigation resources under the principle of zero tolerance and take severe punishment measures". In addition to fines, the bill also contains other measures aimed at making Korean people use digital assets more safely.
For example, the bill requires virtual asset service providers (VASPs) to keep at least 80% of customer funds in cold wallets and must set up reserves to prevent cybersecurity vulnerabilities. In addition, cryptocurrency exchanges are also required to establish strong monitoring mechanisms to detect and report suspicious activities to financial authorities. Specifically, the law prohibits the use of insider information, manipulation of market prices, and unfair trading practices.
(责任编辑:金店)
-
24季私享家这个平台能做成的前提,就是有越来越多的人离开了固有的组织结构,以更为个体的方式,从事他们认为值得做的事情。...[详细]
-
看来,吴晓波对这一点一无所知。...[详细]
-
这种方法需要将网站中的内容整合起来并作实际决策。...[详细]
-
五、产品分析 5.1产品功能结构图 5.2产品版本更新路线 2015.8.18——2015.10.26 那时候游戏还叫《英雄战迹》,详细的游戏情况不...[详细]
-
可教的观点能够加快领导者培养人的过程。...[详细]
-
另外,我们经常会在网上看到成功人士九种独特思维方式、成功者的12个逆向思维、成功人士一辈子都在用的第一原理思维等,还有著书立说的金字塔思维、思维导图、六顶思考帽等,这些让我等屌丝眼花缭乱,迷了眼。...[详细]
-
比如最近包括真格基金在内的客户要买我们一个(木头管退)系统,36氪就是一个最强的销售渠道,如果要找卖给VC软件渠道,那肯定就是我36氪,没有第二家了。...[详细]
-
这或许是团队内社交互动的一部分。...[详细]
-
回购条款,相当于大股东利用自己的财力进行兜底,给大家一个保险。...[详细]
-
2003年,手握百亿资金的杨国强决定进军酒店公寓,他专门高薪聘请了12个谋士,人称“碧桂园12门徒”。...[详细]