"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."
where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.
it is really hard for the governments to control the crypto criminal activities. in such an anonymous system, it is really not possible to follow what kind of transfers are going on. i hope they can find a way to manage with this.
It is hard for the government to control the criminal activities inside the crypto world because of the system in which the users IP addresses can be hidden from others and if the criminals use the cryptocurrency as a medium from their transactions, the government or even the police cannot track them. And this is one of the advantages of using cryptocurrency although the crypto team is still falls under the government but the government doesn't have authority to manipulate the crypto world.
It's really hard especially that they don't have any idea too what Bitcoin or what crypto is, so I must say that our police or the NBI itself should also be aware what it is so that when someone reported that they got scammed by this project at least they can file legal action with them and not just ignoring it because they don't know what to do as well.