CoinVoice has learned from Cryptonews that former South Korean Democratic Party lawmaker Kim Nam-guk is facing legal consequences for concealing a large amount of cryptocurrency assets, reflecting South Korea's strict stance on cryptocurrency regulation.
According to the latest local news, prosecutors have proposed to the court to sentence Kim Nam-guk to six months in prison for deliberately altering the asset declaration submitted to Congress, concealing cryptocurrency assets worth $7.5 million. [Original link]