South Korea is taking proactive measures to address the surge in crypto-related crimes and fraud cases by considering the elevation of its Joint Virtual Asset Crime Investigation Unit to an official department. The Ministry of Justice and Ministry of the Interior and Security are poised to commence discussions in early May regarding this transition.
Currently operating as a temporary agency under the Seoul Southern District Prosecutor’s Office, the unit faces the possibility of being disbanded. The proposed promotion aims to solidify the unit’s status and enhance its operational effectiveness. This restructuring would facilitate the appointment of new prosecutors and the allocation of dedicated budgetary resources, essential for combating digital asset crimes effectively.
Established in July 2023, the unit comprises approximately 30 experts drawn from seven financial and tax regulatory authorities. Its elevation to an official department signals South Korea’s commitment to combat
We współpracy z: https://coingape.com/south-korea-announces-crackdown-on-crypto-crimes-with-investigative-unit/
