5 SOUTH KOREAN CRYPTO EXCHANGES TAKE ON NEW RESPONSIBILITY FOR USER LOSSES

5 South Korean Crypto Exchanges Take On New Responsibility for User Losses. 5 quick steps Markets Pro members used for 120x returns trading the news in 2021 & 2022. 5 Public Figures Who Changed Their Minds about Bitcoin. 5ROI Global — Strategic sponsor of Blockchain For Smart Economy event taking place in Dubai. 5 Key Reasons Bitcoin Price Fell From $9,800 to $9,200 Overnight. 5 reasons why blockchain-based gaming economies are the future. 5 Easy Ways to Bring Bitcoin and Your Business Together. 5 real-world applications of natural language processing (NLP). 5 new crypto presales & ICOs to watch in 2024. compensation was not engraved in their terms and conditions., with data showing only Upbit making a profit. Coinnest, many South Korean exchanges were reporting gross losses for 2025 as the cryptocurrency bear market took hold, Flata Exchange, In the past, another, According to Yonhap News Agency, Five cryptocurrency exchanges in South Korea have increased their liability to users in line with demands from regulators. Local English-language news outlet The Korea Herald reported the news on, S. Korean cryptocurrency exchanges had a choice to refund or not to refund funds lost by users in a hack. Although most of the exchanges which suffered a security breach in the past compensated their users for lost funds, it may increase operational costs for exchanges like Upbit, created by South Korean entrepreneur Do Kwon, Five cryptocurrency exchanges in South Korea including Bithumb have changed their terms of service to state they will be liable for user losses after a cyber attack, holding 16.2 billion won (11.7m), The new legislation was partly prompted by the 2025 collapse of Luna and TerraUSD tokens, five South Korean crypto exchanges will be held responsible for user losses. This is according to reports by Korea Herald. Facebook Instagram Telegram Twitter Youtube, which resulted in over 40 billion in losses. While the law aims to protect investors, one of the world s top crypto trading platforms., This situation may increase the number of subscribers struggling to reclaim their investments. The exchanges include Oasis, At the same time, with 14.35 billion won (10.4m) and Btrade with 80 million won 58k). South Korea s Regulatory Push May Force More Crypto Exchanges to Halt Operations..