The Ministry of Justice and the prosecution in South Korea are pushing for the establishment of the Virtual Asset Joint Investigation Team. This move comes as a response to the trial of an altcoin issuer who was recently arrested on fraud charges. The aim of this team is to bolster investigative capabilities in dealing with virtual assets. In fact, the Justice Ministry and the Ministry of the Interior and Safety are set to hold discussions in early May to consider upgrading the unit into an official department.
