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Crypto investment is being blamed for a spike in the number of South Korean people aged 20-39 declaring insolvency.
Per Maeil Shinmun, the Seoul Rehabilitation Court said:
“The rise in [insolvency] seems to have been influenced by a growth in economic activities such as cryptocurrency and stock market investment among young people.”
The court remarked that the problem was particularly pronounced in those “under the age of 30.”…
Read More: Youth Insolvency Spikes in South Korea – Is a Rise in Crypto Investment to Blame?
Per Maeil Shinmun, the Seoul Rehabilitation Court said:
“The rise in [insolvency] seems to have been influenced by a growth in economic activities such as cryptocurrency and stock market investment among young people.”
The court remarked that the problem was particularly pronounced in those “under the age of 30.”…
Read More: Youth Insolvency Spikes in South Korea – Is a Rise in Crypto Investment to Blame?
