February 25 News: A criminal case in South Korea related to cryptocurrency investment losses has sparked widespread social discussion. A man in his 30s has been charged by prosecutors with attempting murder and violating the Agricultural Chemical Control Act after allegedly poisoning his business partner with insecticide in coffee, causing the victim to fall into a coma. He is currently facing multiple charges.
According to South Korean media reports, the incident occurred in November 2025 at a coffee shop. The victim suddenly lost consciousness after drinking the beverage and collapsed, then was rushed to the hospital and regained consciousness three days later. The victim stated that the incident caused serious impact on his family; although his physical condition is gradually improving, he still requires ongoing medical examinations.
Investigations show that the two parties have been jointly operating an investment company since 2022, mainly involved in Bitcoin and other digital asset investments. As market volatility increased, the defendant incurred losses of approximately 1.17 billion KRW (about $81.6 million), including company funds and personal investments. As losses grew, disputes over fund management and responsibility arose, eventually escalating into a serious criminal case.
Prosecutors believe that the incident is directly related to a dispute over crypto asset investments. The case is scheduled to be heard on March 10, 2026, at the Eastern District Court in Seoul. If convicted, the defendant could face long-term imprisonment. Such extreme cases also highlight the legal and psychological risks associated with high-risk crypto investments.
It is worth noting that in recent years, South Korea has adopted a relatively open attitude toward digital asset policies. With the gradual improvement of the crypto regulatory framework, local market participation continues to rise, with the number of investors exceeding 16 million, accounting for about 30% of the total population. However, by the end of 2025, the crypto market entered a correction cycle. Bitcoin’s price, which peaked at over $125,000 in October, quickly fell back and stabilized around $65,000 in early 2026.
Industry experts point out that market volatility combined with high-leverage investment models can amplify investment dispute risks. As the scale of digital asset investments expands, cases related to fund security, partnership disputes, and legal responsibilities are likely to increase. Risk management and compliance awareness among investors are becoming key focus areas for the industry.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC Falls 0.62% in 15 Minutes: Trading Volume Surge and Large Capital Sell-off Trigger Leverage Liquidation Cascade
2026-03-17 05:30 to 05:45 (UTC), BTC recorded a -0.62% return rate within 15 minutes, with price range between 73895.5 to 74456.3 USDT and amplitude of 0.75%. Market short-term volatility intensified, with increased attention, indicating frequent trader activity and notably amplified fluctuation risk.
The main driver of this price movement is a significant increase in trading volume and large BTC fund flows from on-chain to exchanges, with sell orders dominating the market and pushing short-term prices downward. On-chain monitoring data shows increased frequency of large transfers exceeding 100 BTC.
GateNews5m ago
"Rich Dad Poor Dad" Author Warns Asset Bubble Will Burst, Predicts BTC Soars to $750,000
Investor Robert Kiyosaki predicts that Bitcoin will reach $750,000 and Ethereum will reach $95,000 following a global financial crisis, warning that "the biggest asset bubble in history" is about to burst. He emphasizes the importance of holding gold, silver, and cryptocurrencies to resist fiat currency depreciation. While his predictions have sparked debate, with critics arguing they lack empirical support, supporters remain optimistic about the long-term value of scarce assets.
MarketWhisper27m ago
Cango Announces 2025 Financial Results: Full-Year Total Revenue of $688 Million, Sold 4451 Bitcoin in February
Cango announced its 2025 financial results with total revenue of $688 million, generating 6,594.6 bitcoins, Q4 revenue of $179 million, and net loss of $622 million. The company disposed of 4,451 bitcoins to reduce liabilities and completed a $10.5 million capital increase and a $65 million new financing agreement.
GateNews29m ago
Maji Big Brother Enters Again, Going Long on BTC, ETH, and HYPE
The crypto market has regained activity, with renowned trader DJ Machi (Huang Li-cheng) re-entering the market to go long, increasing his bullish positions in Ethereum and Bitcoin. Despite floating profits exceeding $1.4 million, he still needs $27.7 million to break even. Facing past losses, his continued investment has become a market focal point.
ChainNewsAbmedia48m ago
A certain hedge fund whale has built a position of 45 million USD betting on a weakening ETH/BTC exchange rate, with current floating gains of 200,000 USD.
On March 17th, Hyperinsight monitored a hedge whale establishing BTC long positions and ETH short positions with 20x leverage, each approximately $22 million, totaling $45 million. Currently, the BTC long position shows an unrealized loss of $230,000, the ETH short position shows an unrealized gain of $420,000, with an overall unrealized gain of $200,000. This whale frequently hedges commodity positions through crypto holdings and favors short-biased strategies.
GateNews49m ago
MICA Daily | BTC Stable Above 30-Day Moving Average, Continues to Show Bullish Outlook
According to Binance data, Bitcoin's moving average convergence divergence indicator shows significant improvement in its price trend structure, with current trading price around $73,000, and moving averages in a divergent state, reflecting a market transition phase. Technical analysis indicates that the 30-day moving average is of high importance; if the price maintains above this moving average, it indicates buying support, otherwise it may enter a correction phase. Investors will judge the trend based on changes in moving averages.
区块客57m ago