The Financial Supervisory Service of Korea will publicize Virtual Money fraud type cases to warn and guide investors

South Korea’s Financial Supervisory Service said on Monday that it has been operating a virtual asset unfair trading and investment fraud reporting center and issuing consumer alerts to guide investors, coin.com reported. However, due to the continuous occurrence of similar cases of damage, the agency, together with the Association of digital asset exchange (DAXA), has been raising awareness about Crypto Assets investment fraud and preventing investors from harming. Based on the major cases that have been reported, the Financial Supervisory Authority plans to produce new public interest information content in various forms, publish it on social media channels, and distribute it to relevant institutions nationwide.