South Korean “Jonbur Kim” Park, ‘Coin King,’ Re-Arrested for $47M Crypto Fraud After Bail Release

South Korea’s “Jonbur Kim” Park, the “Coin King,” has been re-arrested for a $47M crypto fraud scheme involving Artube coin manipulation. Prosecutors accuse him of deceiving investors, inflating token prices, and bribing exchange officials, just weeks after being released on bail for a separate fraud case.
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U.S. Digital Assets Sub-Committee to Hold Hearing on Bipartisan Crypto Legislation

The U.S. Senate Banking Committee is set to revisit U.S. Crypto regulations in a February 26 hearing. Lawmakers and industry experts, including representatives from Kraken and Lightspark, will debate stablecoins, market structure, and a proposed Bitcoin reserve to shape future digital asset policies.
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