South Korea to Bring Strict Digital Assets Act With Life Imprisonment for Violators

The latest reports coming from South Korea suggest that the country is all set to introduce stricter regulations against crypto market manipulation and illegal trading. If the amount of unfair profits derived from crypto profits exceeds 5 billion won, the violators can face up to life imprisonment. The development comes soon as Bitsonic CEO faced 7-year prison for conducting a 10-billion won fraud.