South Korea's FSC Details Refund Process for Virtual Assets Recovered from Scams
2026-07-15 09:18:26
South Korea's Financial Services Commission (FSC) has outlined a proposed refund process for virtual assets recovered from phishing and financial scam accounts. According to NS3.AI, monetary assets would be refunded by currency value, while virtual assets would be returned by type and quantity. The amended decree is scheduled to take effect on Oct. 1.
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