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Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief
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A top South Korean prosecution official says courts must deliver swifter justice to crypto offenders – with cases currently taking “too long” to process.
The comments came from Lee Jeong-ryeol, the head of the Seoul Southern District Prosecutors’ Office’s joint crypto investigation unit, in an interview with the newspaper Hanguk Kyungjae.
The unit is the nation’s only investigative organization dedicated to crypto-related crimes.
Lee claimed that “regulation rollouts” and the “punishment” of crypto-related crimes “have been slow.” He said:
“We must restore trust in the virtual assets market, which has turned into a lawless zone. To do this, we must speed up not only the pace of investigations, but also trials and sentencing.”
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