The country’s Justice Ministry will start discussions in early May to promote the unit to an official department.
South Korea is taking steps to establish its temporary crypto investigative unit as a permanent one to address the increasing incidents of crimes and fraud cases, according to a local report.
The promotion will aim to solidify the unit’s status since it currently operates as a temporary body under the Seoul Southern District Prosecutor’s Office and could be disbanded. This change is expected to boost efficiency through the appointment of new prosecutors and budget allocation, according to Segye.
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