[South Korea Financial Services Commission Nominee Pledges to Crack Down on Cryptocurrency Misconduct] According to a report by Jinse Finance, Lee Eog-weon, the nominee for chairman of South Korea's Financial Services Commission (FSC), has publicly pledged to take strict measures to combat misconduct in cryptocurrency trading. In a written response submitted for his confirmation hearing, he emphasized that he would rely on the existing legal framework of the Virtual Asset User Protection Act, implemented in July 2024, to curb insider trading, market manipulation, and other illicit activities in the virtual asset sector. The confirmation hearing, scheduled for September 2, will be a critical step in formally implementing these regulatory enforcement measures.