Victory for Coinone: South Korean Court Upholds Exchange’s Right to Double Bitcoin Withdrawals

In a landmark ruling that sent shockwaves through Korea's crypto scene, Coinone just scored a major legal win—proving regulators can't always clip crypto's wings.

The Seoul High Court slammed the brakes on financial authorities' attempt to penalize the exchange for letting users withdraw twice the standard Bitcoin amount. Turns out playing by your own rules pays off—at least when the judge agrees.

While traditional finance gatekeepers grumble about "risky behavior," crypto traders are too busy celebrating their newfound withdrawal freedom. After all, what's the point of decentralized finance if exchanges still have to ask permission?

One cynical take? This verdict proves even courts recognize crypto's moving faster than regulators can legislate. Watch bureaucrats scramble to close this loophole before the next bull run makes it irrelevant.