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25 de sept. de 2025 In a bold move to protect cryptocurrency users, South Korea is launching the Digital Asset User Protection Foundation to recover funds from failed exchanges. South Korea and the United States have jointly worked on the 2025 cryptocurrency phishing scam. They have paid damages to fraud victims of the scam. World South Korea is recovering assets for crypto users affected by the collapse of several exchanges, led by the newly established Digital Asset Protection Foundation. This The three individuals hacked IDs and passwords of South Korean and Japanese visitors to a US-based phishing site disguised as a Ripple-related site. The scam 25 de sept. de 2025 The newly created South Korean Digital Asset User Protection Foundation will recover funds stuck in defunct cryptocurrency exchanges, with government support to South Korea’s Digital Asset Protection Foundation begins recovering funds from failed crypto projects, ensuring user protection and trust. 26 de sept. de 2025 A South Korean foundation has announced a new initiative to recover funds from defunct cryptocurrency exchanges to protect investors and restore public trust in the

South Korea & U.S. Join Forces to Recover Lost Crypto Funds from 2017 Onward

South Korea and the United States are deepening their collaboration to recover lost cryptocurrency funds, addressing the persistent issue of digital asset theft and fraud dating back to 2017. This joint effort aims to compensate victims and restore confidence in the crypto market.

Digital Asset User Protection Foundation Leads the Charge

Following up on the announcement on 26 de sept. de 2025, a pivotal development is the establishment of the South Korean Digital Asset User Protection Foundation. This foundation is at the forefront of recovering assets for crypto users affected by the collapse of several exchanges. The foundation will recover funds stuck in defunct cryptocurrency exchanges, with government support to South Korea’s Digital Asset Protection Foundation begins recovering funds from failed crypto projects, ensuring user protection and trust.

Announced on 25 de sept. de 2025, the Digital Asset User Protection Foundation's primary objective is to recover funds from failed exchanges. In a bold move to protect cryptocurrency users, South Korea is launching the Digital Asset User Protection Foundation to recover funds from failed exchanges. This initiative underscores South Korea's commitment to safeguarding digital asset investors.

U.S. and South Korea Cooperation Against Crypto Crime

South Korea and the United States have jointly worked on the 2025 cryptocurrency phishing scam. They have paid damages to fraud victims of the scam. This collaborative approach is crucial in combating cross-border crypto crimes. The three individuals hacked IDs and passwords of South Korean and Japanese visitors to a US-based phishing site disguised as a Ripple-related site. The scam highlights the sophisticated methods used by cybercriminals and the need for international cooperation to bring them to justice.

Recovering Funds and Restoring Trust

World South Korea is recovering assets for crypto users affected by the collapse of several exchanges, led by the newly established Digital Asset Protection Foundation. This new initiative aims to recover funds from defunct cryptocurrency exchanges to protect investors and restore public trust in the digital asset market. By pursuing these recovery efforts, South Korea aims to set a precedent for responsible crypto regulation and user protection globally.

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