South Korea’s crypto traders were burned by rampant fraud in the digital assets space, prompting the country’s regulators to aim at reining in the largely underregulated space. In 2022, South Korean crypto entrepreneur Do Kwon’s Terra-Luna ecosystem collapsed, precipitating a $40 billion crypto market crash. www.coindesk.com
South Korea’s crypto traders were burned by rampant fraud in the digital assets space, prompting the country’s regulators to aim at reining in the largely underregulated space. In 2022, South Korean crypto entrepreneur Do Kwon’s Terra-Luna ecosystem collapsed, precipitating a $40 billion crypto market crash.
www.coindesk.com
COMMENTS