Odaily Planet Daily News - Recently, South Korea held the first meeting of the Virtual Asset Market Investigation Committee to review issues related to price adjustments and unfair trading in the virtual asset market. The first temporary review meeting was chaired by Kim Ban-ki (phonetic), a permanent member of the Financial Services Commission (FSC), and professors and experts active in the virtual capital industry have been appointed as members of the private committee. The Financial Commission discovers suspicious incidents through notifying 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 by classifying cases. After the investigation is completed, the temporary investigation committee deliberates on the treatment measures in five stages: sub-report, notification to the investigation agency, fines, warnings, and admonitions. It is reported that measures against individuals engaged in unfair trading were also approved during the first pre-review meeting on the same day. The final level of sanctions will be confirmed at the Financial Services Commission's meeting.