South Korea Heightens Crypto Market Scrutiny Following Bithumb Incident

South Korea's financial regulatory body has announced its intention to investigate risky trading strategies as part of a broader initiative to tighten regulations within the cryptocurrency market, according to a report by Yonhap News Agency.

This move comes in the wake of a significant Bitcoin blunder involving Bithumb, one of the country's leading exchange platforms, which has raised concerns about trading practices within the sector.