---
title: "South Korea Schedules First Appeal Hearing Under Virtual Asset User Protection Act"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286747203.md"
description: "South Korea's first appeal hearing under the Virtual Asset User Protection Act is scheduled for next month, following a February ruling that found two defendants guilty of market manipulation. The court sentenced them to prison, imposed fines, and ordered limited forfeiture."
datetime: "2026-05-18T09:30:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286747203.md)
  - [en](https://longbridge.com/en/news/286747203.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286747203.md)
---

# South Korea Schedules First Appeal Hearing Under Virtual Asset User Protection Act

The first appeal hearing under South Korea's Virtual Asset User Protection Act is set for next month. According to NS3.AI, this case stems from a February ruling where two defendants were found guilty of market manipulation. The court had sentenced them to prison, imposed fines, and ordered limited forfeiture.

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