Summary: South Korean authorities have launched a probe into the Bitcoin ‘Kimchi Premium.’ The investigations cite that the Kimchi Premium was used to make profits that were transferred abroad through illegal remittances. Authorities in South Korea have launched investigations into the famous Bitcoin ‘Kimchi’ premium. According to local reports, the Seoul Central District Prosecutor’s Office has launched a new probe into the Kimchi Premium’s connection with illegal foreign remittances worth over 2 trillion Korean Won, or approximately $1.5 billion. The […]
