The South Korean Digital Asset Protection Fund will begin returning funds to users of closed cryptocurrency platforms, totaling 17.8 billion won, including 200 million won in deposits 🔄

The South Korean Digital Asset Protection Fund has started working to help cryptocurrency users affected by the closure of exchanges. It will complete the transfer of assets from eight companies by the end of the year and already controls funds for about 40,000 users. The Fund will also focus on returning deposits of 200 million won from other companies. Users will be able to retrieve their funds after identity verification via a website that will be launched in January 2025.