South Korea's Financial Supervisory Service will publicize virtual currency fraud cases to warn and guide investors

The South Korean Financial Supervisory Service announced on Monday that it has been operating a virtual asset unfair trading and investment fraud reporting center and issuing consumer warnings to guide investors. However, due to the continuous occurrence of similar damage cases, the agency has been working with the Digital Asset Exchange Association (DAXA) to raise people's awareness of cryptocurrency investment fraud and prevent investors from being harmed. The Financial Supervisory Service plans to create various forms of new public service advertising content based on major cases already reported and distribute them to relevant organizations nationwide through SNS channels.