Bumo Sarang lost $33M of customer prepaid funds on a 2x leveraged BitMine ETF, exposing South Korea's loose funeral rules.
In many countries, including South Korea, funeral homes operate a prepaid or mutual aid model where customers pay in advance for their own future funeral arrangements. They lock in costs and relieve ...
The Chosun Ilbo on MSN
South Korea's funeral industry contracts despite rising deaths
Lee, a 50-year-old office worker, held a funeral for his late mother at a funeral home in Incheon last November. His ...
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Korean funeral company loses $33 mn on a leveraged Ethereum ETF trade, netizens joke 'rest in peace'
South Korea’s funeral industry is overseen by the country’s Fair Trade Commission rather than financial regulators ...
A South Korean funeral services company has reported an unrealized loss of about 45 billion won ($33 million) tied to investments in leveraged ether (ETH) exchange-traded funds (ETFs). The Seoul-based ...
Jan. 30 (Asia Today) --Leaders of South Korea's Democratic Party and conservative People Power Party shook hands Friday at the funeral of former Prime Minister Lee Hae-chan and exchanged brief words ...
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