Korean Supreme Court

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Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage

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South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial losses resulting from the exchange’s service outage. Bithumb Ordered to Pay Customers Over Service Outage The South Korean supreme court has issued a … Read more

South Korea Orders 12 Crypto Exchanges to Revise Consumer Contracts

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South Korea’s financial watchdog today ordered a dozen cryptocurrency exchanges to update their adhesion contracts, which the agency claims causes problems for users in withdrawals, and generally puts the businesses way ahead of consumers on all levels. Also read: Trezor to Implement Bitcoin Cash Addresses South Korea Orders Exchanges to Revise Adhesion Contracts The Republic of … Read more