Kimchi Premium Fraud Band Busted in South Korea
Kimchi Premium

Kimchi Premium Fraud Band Busted in South Korea

Source: Adobe/nungning20The South Korean police have arrested three people it claims orchestrated a major crypto fraud ring that told investors they could take advantage of the so-called “kimchi premium.”Per NoCut News, the alleged scam’s center of gravity was the North Jeolla Province, in the southwest of the country. Some 470 victims appear to have been…

Kimchi Bonus Is Back again as Korean Ant Traders Return to the marketplace
‘Bonus’ Kimchi

Kimchi Bonus Is Back again as Korean Ant Traders Return to the marketplace

Source: Adobe/nungning20South Korean investors are returning to the markets after weeks of inactivity, data has shown. But the kimchi premium has flipped on its head again for the first time in two years – resulting in a small “kimchi bonus,” and slightly lower bitcoin (BTC) and altcoin prices on most major exchanges. Much was made…