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S.Korea to adopt crypto tracking software in the first half of 2023

Ministry of Justice | S.Korea to adopt crypto tracking software in the first half of 2023 | south korea crypto crypto crime

Image: Ministry of Justice

The South Korean Ministry of Justice (MOJ) announced Thursday that it will adopt a cryptocurrency tracking system within the first half of 2023 to clamp down on money laundering and improve its ability to claw back criminal proceeds.

See related article: South Korea seeks software to track US$7.2B in illegal crypto

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See related article: More bad news for South Korea’s Bithumb exchange with “Kimchi coin” manipulation allegations

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