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Review and Provision of Korean/Russian Translation f...Crypto
Review and Legal Advisory on Contract for Proxy Purchase and Management of Cryptocurrency Mining Equipment
The client, engaged in a Bitcoin mining business, considered outsourcing the purchase and operation of mining equipment to another company. After multiple meetings, they proceeded with contracts involving a Russian company overseeing the overall purchase process and another company responsible for practical tasks such as procurement, customs clearance, shipping, and installation.
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Full Recovery of 1 Billion KRW Fraud LossCrypto
Full Recovery of Funds Lost to Cryptocurrency Investment Fraud
The client, residing in a rural area, had little to no investment experience, not even engaging in stock investments. However, at the urging of an acquaintance, they attended a presentation on a cryptocurrency staking business. The client was swayed by the scammer's persuasive language and promises of high returns, leading them to start investing. Initially skeptical, the client invested 10 million KRW. Two weeks later, the scammer transferred 3 million KRW as “profit” to the client’s account as bait, making the client believe in the profitability of the venture. Convinced it was a once-in-a-lifetime opportunity, the client subsequently transferred a total of 1 billion KRW to the scammer over the next five months. The scammer initially returned 30% of the investment regularly but eventually stopped payments and became unresponsive. Growing suspicious, the client's family sought assistance from Decent Law Firm.
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Review of Scope of Copyright Usage and Legal RisksCrypto
Legal Advisory on Copyright Risks for Overseas NFT Projects
They requested a review of potential legal risks associated with using copyrighted works from an overseas NFT project owned by a domestic corporation to promote their services. This includes examining whether such usage violates the terms of service or copyright laws and assessing the legal risks of conducting business activities domestically without the project’s consent.
