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Client A wanted to create promotional content and award a small gift to the winner. In the process, they wanted to allow users to participate by paying a small amount of money or purchasing tickets. However, depending on the structure…
The client suffered a loss caused by Company A a long time ago and obtained a compensation agreement, but did not receive the promised settlement. As a result, the client filed a claim in court and the judgment was confirmed.…
Cha & Kwon Law Offices successfully conducted a comprehensive legal review on a new service introduced by an innovative digital platform company. The matter involved a variety of legal issues. Our offices comprehensively reviewed the E-Commerce Act, Consumer Protection Act,…
Cha & Kwon Law Offices successfully conducted a comprehensive legal review and consultation for a major Korean education technology company in connection with its expansion into the digital textbook business. This was a highly specialized case involving a complex interplay…
Cha & Kwon Law Offices recently conducted a legal review of a hardware/firmware development service contract for an IT company. The case involved complex legal issues regarding the demand for additional costs due to development delays, attribution of intellectual property…
Cha & Kwon Law Offices recently conducted a comprehensive legal review and advised a major Korean education technology company on its digital textbook business expansion. The case required a high level of expertise for it involved a complex interplay of…
Gopax’s offer to reimburse GOFI investors at last year’s January rate (28 million won per bitcoin) has been met with strong investor opposition, complicated by Binance’s negotiations to sell its stake in Gopax as it approaches the December deadline for…
The Personal Information Protection Commission (PIPC) has fined WorldCoin 1.14 billion KRW and issued a corrective order for violating the Personal Information Protection Act. Worldcoin Foundation and Tools for Humanity (TFH) were found to have illegally collected and transferred iris…
Vice Prime Minister Choi Sang-mok held a “Macroeconomic and Financial Conference” on September 19, 2024 to review the impact of the U.S. Federal Reserve’s decision to cut interest rates and discuss ways to respond. The US Federal Reserve cut its…
Cha & Kwon Law Offices have conducted legal review on musical contracts and provided legal opinions. Client A, a producer of musicals, has requested us to draft a contract for producing a creative musical and to review an existing contract.…
The Bitcoin mining industry is facing new challenges. The mining difficulty index recently hit an all-time high of “92.671 trillion,” raising red flags for miners’ profitability. This is compounded by the aftermath of halving, which was implemented in April. With…
North Korean hackers are distributing a new malware called “COVERTCATCH” via LinkedIn. They are attacking developers disguised as job ads, and are specifically targeting the Web3 and cryptocurrency sectors. The cyber attack takes place in the following order: a hacker…
Cryptocurrency scammers utilizing AI-powered deepfake videos increased their activity in the second quarter of 2024, according to a new report. Software firm Zen Digital has tracked a group of crypto scammers called “CryptoCore,” who are exploiting official videos of renowned…
Kim So-young, vice chair of the Financial Services Commission, and Mark Uyeda, senior commissioner of the U.S. Securities and Exchange Commission (SEC), met to discuss the impact of the proposed regulation of non-bank financial institutions and trends in virtual asset…
