South Korean Nationwide Meeting member Kim Nam-kook reportedly liquidated greater than $4 million value of cryptocurrency forward of the nation’s lawmakers implementing the Monetary Motion Activity Pressure’s “Journey Rule.”
In response to The Korea Instances on Could 8. in keeping with the Korean Monetary Intelligence Unit authorities whereas researching Kim traded round 6 billion received ($4.5 million) value of cryptocurrency belongings forward of South Korea’s 2022 election. March. after getting into the journey rule. As a substitute of liquidating the belongings, the lawmaker reportedly transferred them to a different trade, additionally claiming that he didn’t must. report such exercise.
Proceed studying Coin Telegraph.
