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Crypto

Kyrgyzstan has 90 crypto-related criminal cases, expands cooperation with financial sector

Kyrgyzstan is stepping up enforcement against crypto-related crime as the industry grows quickly, with 90 criminal cases registered by police this year. Interior Minister Ulan Niyazbekov (울란 니야즈베코프) said crypto is being used for cyber fraud, embezzlement and money laundering, with cross-border transactions complicating tracing. Authorities are expanding cooperation with banks and the central bank, while also pushing digital asset experiments including a som-linked stablecoin and a digital som.

Telecommunications & Media

TVING announces compensation plan after leak of 39.54 million accounts

TVING, which suffered a leak involving personal data from about 39.54 million accounts, announced a compensation package including 5,000 won worth of points, a premium viewing upgrade, insurance against hacking and phishing, and entertainment coupons. The company put the perceived value at about 20,000 won per person, but it is not cash. Users who have withdrawn must rejoin to receive compensation, and the application window runs from Sept. 7 to 30.

Telecommunications & Media

Voice phishing measures cut cases and losses by about 40 percent

South Korea\'s government said voice phishing cases and losses fell for 10 straight months after it rolled out a comprehensive crackdown plan. Cases from October to July dropped 39.9 percent to 12,554, while losses fell 43.2 percent to 632.4 billion won. Authorities cited emergency blocking of scam numbers within 10 minutes, an AI platform for sharing suspicious information, expanded reporting operations and stronger investigations and international cooperation.