Crypto
South Korea Takes Action Amid Controversy Over Politician’s Crypto Holdings
According to previous reports, Kim held around 800,000 undisclosed WEMIX tokens in his digital wallet.
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
Reports from earlier this month revealed that a top South Korean lawmaker secretly held and moved $4.5m in crypto funds.
According to previous reports, Kim held around 800,000 undisclosed WEMIX tokens in his digital wallet.
South Korea's Financial Supervisory Service recommended a unified disclosure system to protect investors.
Sloppy token accounting will exert a heavy cost on Wemade's blockchain gaming ecosystem.