A lawmaker allegedly sold over $4 million in cryptocurrency prior to the country’s enforcement of the “Travel Rule” by the Financial Action Task Force.
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Kim Nam-kuk, a South Korean lawmaker, has announced his departure from the Democratic Party over his alleged crypto dealings while legislating on digital assets. The politician said that he will continue his fight to prove his innocence independently.
According to Kim, his departure will relieve party members of the burden brought about by the controversy. He believes that the issues should no longer affect the party during a crucial time. While he is leaving the party, Kim highlighted that he will still support the political faction.
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Meanwhile, the politician also said that he will be continuing his
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