Crypto Exchange That Hosted a Scammer’s Wallet Is ‘Not Liable’ For Victim’s Losses, Court Rules

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Crypto Exchange That Hosted a Scammer’s Wallet Is ‘Not Liable’ For Victim’s Losses, Court Rules

A South Korean judge has ruled that a domestic crypto exchange is not liable for the actions of a voice phishing scam gang who transferred their victims’ coins onto its platform.
According to Newsis, an individual named only as 'B' for legal reasons claimed they had been the victim of a scamming ring. The case was heard at the Civil Settlement Division of the Seoul Central District Court....
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