2025.02.28
Grim Reaper of Yeouido: Seoul Southern District Prosecutors’ Office Inaugurates Joint Investigation
The Seoul Southern District Prosecutors’ Office has elevated its Virtual Asset Crime Joint Investigation Task Force to a formal Joint Investigation Division, collaborating with experts from multiple government agencies. This decision reflects the rapid growth of the virtual asset market and recent regulatory developments, including the Virtual Asset User Protection Act. Going forward, the Division will focus on probing unfair trading practices, concealed funds, and cross-border transactions, building on past successes like the “Podo Coin” and “Cheongdam-dong Stock Rich” cases.
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