Cha&Kwon Law Offices deputized a lawsuit on the case of token B, one of Korea’s biggest virtual asset (cryptocurrency) fraud case. Token B was advertized to be usable in exchanges but in reality, the token was not properly listed or traded. Victims who believed in the advertisement filed a lawsuit on token B’s publisher for fraud.  

Cha&Kwon Law Offices carefullly examined distinct characteristics of virtual asset business and its relationship to fraud. Moreover, Cha&Kwon Law Offices made submissions on legal issues of token publishing to investigating agencies responsible for this case.  

The investigating agency conceded the legal problems of token B and arguments of the victims and sent token B’s publisher for prosecution. 

As a law office specializing in blockchain and virtual assets, we provide solutions to support businesses. If you have any civil/criminal cases related to virtual asset, cryptocurrency, or Bitcoin, please do not hesitate to contact Cha&Kwon Law Offices.