**Former South Korean Politician Stumbles on Crypto!**

- Kim Nam-guk, a former South Korean lawmaker, is now the main star of a crypto drama! He is accused of hiding 9.9 billion won worth of crypto assets. Maybe he thought crypto could be a hidden treasure? 🏴‍☠️

- Kim is suspected of deliberately not reporting billions of won worth of crypto profits in 2021 and 2022. To trick him, he transferred his crypto assets to a regular bank account. Creative, huh?

- This case has sparked debate about crypto regulations in South Korea, especially with the planned crypto tax that will take effect in 2025. This tax was delayed due to political debates.

- In the midst of this drama, the volume of crypto trading in South Korea has skyrocketed! On December 3, the volume reached $34.6 billion. XRP is the star with $28 billion on Upbit.

- Come on, share your opinions in the comments column! Will this crypto regulation be a solution or will it just make you dizzy?