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[경제]The ‘naked face’ of the virtual asset market revealed by the ‘Luna incident’

[앵커]

The ‘Luna Incident’, whose value fell 99.99% in just a few days, shows the problems of the virtual asset market.

Developers and investors dreaming of a jackpot, exchanges that are busy collecting fees, and even the government that virtually leaves the virtual asset market alone because it is not in the institutional jurisdiction.

Not everyone is free from responsibility for this situation.

Reporter Cho Tae-hyun reports.

[기자]

It is an internet community dealing with virtual assets.

I got a loan of 700 million won using my parents’ apartment as collateral and invested it in Luna, but now I see an article saying that it is 70,000 won.

Bulletin boards are full of similar posts.

A YouTuber even showed the process of losing 30 million won of Luna’s investment in an instant.

[인터넷 방송인 : 이제 내가 못 버티겠어. 점점 힘들어.]

The usual arrogant behavior of Luna developer, CEO Kwon Do-hyung, increased the anger of investors.

[권도형 / 테라폼랩스 대표 (지난 4일, 루나 사태 직전) : 가상자산 기업 가운데 95%는 사라지게 될 것입니다. 하지만 그것을 지켜보는 일도 재미있을 것입니다.]

Virtual asset exchanges cannot escape responsibility.

It is pointed out that the most important verification was neglected while using the coin listing as a way to make money.

In fact, Dunamu, the operator of Upbit, the largest exchange in Korea, has invested over 100 billion won in Luna.

However, when there was a problem with Luna recently, it stopped deposits and withdrawals later than other exchanges, which drew the resentment of investors.

[이정환 / 한양대학교 경제금융대학 교수 : 가치 평가라든지, 회계 감사, 미래 투자 계획에 대한 정확한 정보 없이 불투명하게 (상장이) 이뤄지고 있습니다. 또, 불공정거래를 억제하는 구조와 감독 등이 너무 부족하다고도 평가할 수 있습니다.]

The biggest problem with the virtual asset market is that it is in a regulatory blind spot.

Although there are 12 million investors in Korea alone, there is no need for monitoring or supervision because the government does not recognize it as a system.

[이인철 / 참조은경제연구소장 : (주식 시장은) 서킷브레이커라든가 잠시 과열을 식히십시오, 그리고 금융감독당국이 들여다봐요. 혹시나 이거 알고리즘 매매로 인해서 투기성 작전세력인가 아닌가를 철저히 감독합니다. 그런데 가상자산 시장은 감독관이 없어요.]

The ‘Luna Incident’ called the vortex of death revealed the bare face of the virtual asset market.

This is YTN Jo Tae-hyun.

YTN Cho Tae-hyun (choth@ytn.co.kr)

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