🚨 Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief 💨 The wheels of justice are turning too slowly in South Korea's crypto world, according to Lee Jeong-ryeol, the head of the Seoul Southern District Prosecutors’ Office’s joint crypto investigation unit. In an interview with Hanguk Kyungjae, he emphasized the need for faster trials and sentencing. 📌 Lee believes that the current pace of regulation and punishment for crypto crimes is lagging behind, leaving the virtual assets market feeling like a "lawless zone." He argues that these offenses should be treated no differently from traditional financial fraud. 🔍 With a team of around 30 professionals from various government agencies, Lee's unit is South Korea's first and only dedicated crypto investigation organization. Since its launch in July 2023, they've been tackling a range of cases, including a notorious art-themed altcoin scandal and illegal OTC trade networks worth nearly half a billion dollars. 💎 Lee stresses the importance of an integrated government response to combat these fast-evolving financial crimes. He believes that by swiftly resolving cases, they can not only restore trust in the market but also help victims recover their funds. 🏁 In this race against time, it seems that South Korea's crypto crackdown is gaining momentum.