A sad news to start the day with, one of the South Korean cryptocurrency regulators, Jung Ki-Joon, has been found dead in his home. The incident happened after the government’s announcement of banning the illegal cryptocurrency trading at all levels.
South Korean Regulations
It was going all OK for the mega traders of cryptocurrency before the South Korean government imposed a ban on its trading, all across the country. People involved in the trading got worried about their investments but then this sad incident happened to top it all.
Ki-Joon was the head of economic policy at the Office for Government Policy Coordination and was helping the government to design rules and regulations to stop the illegal crypto trading and speculation.
Though the superficial reason of Ki-Joon’s death is said to be a heart attack, the real story behind it seems to be a bit different. According to the Yonhap reporting, a government official said:
He died from some unknown cause. He passed away while he was sleeping and [his] heart [had] already stopped beating when he was found dead.