⚠️ Massive $44B Bitcoin Drop Triggers Regulatory Watch on South Korea’s Crypto Markets

🔍 South Korea’s Financial Supervisory Service has stepped up monitoring of the crypto sector following a Bithumb glitch that accidentally credited users with billions in bitcoin. The agency will probe risky activities, including large-scale price manipulation, trading linked to frozen deposits or withdrawals, and social media–driven pump schemes, while using AI to track suspicious trades in real time

📜 Regulators are also set to enforce stricter penalties for IT mishaps, hold senior executives more accountable for security, and roll out comprehensive rules under the Basic Digital Asset Act as part of President Lee Jae-myung’s effort to curb abusive financial practices #BTCMiningDifficultyDrop #WhaleDeRiskETH #GoldSilverRally $BTC

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