South Korea recently held the inaugural meeting of the Virtual Asset Market Investigation Committee to review unfair trading issues such as price adjustments in the virtual asset market. The first temporary review meeting was chaired by Kim Beom-ki (phonetic), a standing committee member of the Financial Services Commission (FSC), and professors and experts who have been active in the virtual capital industry have been appointed as members of the private committee. The Financial Committee identifies suspicious incidents by reporting the results of hearings on abnormal trading at virtual asset exchanges and receiving reports, and then conducts investigations in collaboration with the Financial Supervisory Service through case classification. After the investigation is completed, the temporary investigation committee deliberates and decides on handling measures through five stages: report, notification to the investigation agency, fines, warnings, and advisories. It is reported that measures against individuals engaged in unfair trading were also approved during the first pre-review meeting that day. The final level of sanctions will be confirmed at the Financial Services Commission's plenary session. ((Daily Economic News))