Enforcement

Enforcement

Korea Probes Nextrade Over Tech Theft; FSC Halts STO Licence

By Mark Johnston | 30/03/2026

The antitrust watchdog is investigating allegations of technology misappropriation, prompting the FSC to suspend the firm's STO licence review.

Securities / Derivatives

Former CSRC Issuance Chief Faces Prosecution Over Bribery Allegations

By Manesh Samtani | 29/03/2026

Former head of China's stock issuance review committee has been referred for prosecution over serious duty-related crimes.

Enforcement

Thai SEC Charges Bitazza, Executives Over Unlicensed Dealing

By Mark Johnston | 27/03/2026

The regulator has filed a criminal complaint against the licensed broker for allegedly operating as an unlicensed digital asset dealer.

Enforcement

Korean Court Upholds Heavy Sentences in Landmark Crypto Fraud Case

By Editors | 27/03/2026

Court sentences leaders to 12 and 9 years in prison for a KRW 46 billion fraud that exploited NFT and metaverse hype.

AML / KYC

UK Sanctions Crypto Marketplace and Cambodia Scam Centre Network

By Nithya Subramanian | 27/03/2026

The action targets Chinese-language marketplace Xinbi, which processed nearly USD 20 billion, and operators of a Cambodian scam compound under the UK’s Global Human Rights regime.

Enforcement

Korea FSS Signals 'Zero-Tolerance' Shift to 'Pre-emptive' Supervision

By Manesh Samtani | 27/03/2026

The FSS is moving from post-incident sanctions to a preventive framework with a focus on consumer protection and systemic risk.

Enforcement

ASIC Outlines Key Lessons from Shield and First Guardian Failures

By Sanday Chongo Kabange | 27/03/2026

ASIC's Alan Kirkland outlines expectations for superannuation trustees as gatekeepers following the collapse of investment schemes affecting 11,000 members.

AML / KYC

Korea's Bithumb Sues Regulator to Overturn Business Suspension and Fine

By Mark Johnston | 27/03/2026

The virtual asset exchange is challenging a six-month suspension and a KRW 36.8 billion fine for alleged AML and customer due diligence failings.

Enforcement

Korean Regulator Sanctions Upbit for Misleading Fee Advertising

By Mark Johnston | 26/03/2026

The KFTC has issued a corrective order against the crypto exchange for advertising a fee discount that never existed.