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#南韓

South Korea's 3-Phase Security Tokenization Plan: Endgame Is On-Chain Settlement With Stablecoins
Blockchain

South Korea's 3-Phase Security Tokenization Plan: Endgame Is On-Chain Settlement With Stablecoins

South Korea will roll out tokenization for all types of securities in three phases starting 2027, with the ultimate goal of letting participants settle tokenized securities on-chain using stablecoins, replacing the traditional cash settlement model.

Prosecutors Sought 20 Years, Court Gave 15: South Korea's Delio CEO Crypto Fraud Case Not Fully Upheld
Blockchain

Prosecutors Sought 20 Years, Court Gave 15: South Korea's Delio CEO Crypto Fraud Case Not Fully Upheld

A South Korean court has sentenced Delio CEO Jeong to 15 years in prison over a $50 million crypto fraud case, five years short of the 20-year sentence prosecutors had sought. The gap came down to one key charge the judge dismissed.

Withdrawals Frozen Overnight: Delio CEO Gets 15 Years in $50 Million Fraud Case
Blockchain

Withdrawals Frozen Overnight: Delio CEO Gets 15 Years in $50 Million Fraud Case

A South Korean court has found Delio CEO Jeong guilty of defrauding more than 1,100 investors and embezzling roughly 70 billion won in crypto assets, though prosecutors had sought a 20-year sentence and some evidence was excluded due to procedural flaws.