News

Buying Out of Curiosity Can Be Illegal: Unknowing Online Resale of North Korean Banknotes Sparks Concern

Recently, posts offering to sell North Korean banknotes have been popping up continuously on second-hand trading platforms.

These North Korean banknotes are being traded in second-hand markets for anywhere from several thousand won to around 100,000 won.

They are presumed to have been purchased during trips to China or Russia.

The problem is that these types of transactions may violate the law.

Bringing North Korean items into South Korea may require approval from the Minister of Unification.

Violating this can lead to penalties of up to 3 years in prison or a fine of up to 30 million won.

However, experts explained that if the transactions are on a small scale and for collection purposes, the likelihood of leading to criminal punishment is not high.
※ Please note: This article was translated by AI and may contain errors.
Copyright Ⓒ SBS. All rights reserved. 무단 전재, 재배포 및 AI학습 이용 금지

Most Read