South Korea probed 40 cases of crypto manipulation over 2 years
Cointelegraph 2026-07-20 00:33:12
Context: South Korea's Financial Services Commission has investigated 40 cases of cryptocurrency manipulation over a two-year period. The probe was conducted under the Virtual Asset User Protection Act, which was enacted two years ago. The agency's chair, Lee Eog-won, disclosed the figures on the act's second anniversary.
Key Facts
- Financial Services Commission Chair Lee Eog-won posted the figures on the second anniversary of the enactment of the Virtual Asset User Protection Act.
- The Virtual Asset User Protection Act was enacted two years prior to Lee Eog-won's disclosure of the 40 investigated cases.
- A total of 40 cases of cryptocurrency manipulation were probed by South Korea's Financial Services Commission over the two-year period.