South Korean justice minister Han Dong-hoon was in New York recently to discuss various ways in which the two nations can corporate on investigations associated with financial crimes, especially crypto-related crimes.

The two sides discussed ways to exchange information and strengthen cooperation to ensure timely action on the increasing number of securities frauds associated with the digital asset market, reported a local daily. The two sides have reportedly agreed to share their latest investigation data around Terra-LUNA, a crypto project under investigation in both countries. The $40 billion Terra ecosystem crash has attracted legal scrutiny from both countries.

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