Ticket Scalpers in S. Korea Face Fines of Up to 50 Times Resale Price South Korea's Ministry of Culture, Sports and Tourism has implemented new anti scalping laws, effective as of August 28th.
The legislation imposes fines of up to 50 times the resale price on those caught profiteering from sold out events.
The revised framework broadens the definition of scalping, no longer focusing solely on transactions facilitated by macro software.