Seoul: South Korea announced independent sanctions targeting 15 individuals and over a hundred entities involved in transnational crimes in Southeast Asia, primarily focusing on online scams affecting South Korean citizens.
According to Yonhap News Agency, these measures are part of Seoul’s response to organized crime in the region, following the death of a South Korean student at the hands of an online job-scam ring in Cambodia. The incident has sparked widespread concern, prompting the government to take decisive action against perpetrators.
The motion to arrest Rep. Choo Kyung-ho for his alleged role in former President Yoon Suk Yeol’s martial law attempt was approved by the National Assembly. A special counsel team had previously filed for Choo’s arrest, accusing him of obstructing People Power Party lawmakers from voting against Yoon’s martial law decree.
In other developments, South Korea’s central bank maintained its benchmark interest rate at 2.5 percent. The Bank of Korea’s decision aims to protect financial stability amidst currency fluctuations and a volatile housing market.
Meanwhile, South Korea celebrated the successful launch of its domestically developed space rocket, Nuri. The rocket, which took off from Naro Space Center, deployed its main satellite unit, establishing communication with King Sejong Station in Antarctica.
In a separate incident, Upbit, South Korea’s largest cryptocurrency exchange, suffered a significant hacking attack. Dunamu Inc., the exchange’s operator, reported that Solana-affiliated assets worth approximately 54 billion won were transferred to an unauthorized wallet.