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BTCC / BTCC Square / Global Cryptocurrency /
Exclusive Korean Social Club DYAD Cheongdam May Exclude Crypto Wealth

Exclusive Korean Social Club DYAD Cheongdam May Exclude Crypto Wealth

Author:
Global Cryptocurrency
Published:
2025-07-03 23:55:02
14
2
BTCCSquare news:

South Korea's elite social club DYAD Cheongdam, requiring a KRW 1 billion ($734,290) annual membership fee, may bar individuals who accrued wealth through cryptocurrency trading. The club, set to open in summer 2026 in Seoul's affluent Cheongdam district, emphasizes exclusivity with undisclosed membership criteria. Reports suggest those with tattoos or crypto-derived fortunes could face rejection.

DYAD positions itself as a nexus of business and leisure for a curated group of high-net-worth individuals. Membership demands letters of recommendation from two existing members and restricts applicants to ages 19-60. The club's selective approach reflects broader societal tensions around new money sources in traditional elite circles.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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