South Korea is moving deeper into algorithmic enforcement of its cryptocurrency markets as financial authorities roll out artificial intelligence tools to detect and act on unfair trading. A report by a local outlet stated that the Financial Supervisory Service has begun upgrading its virtual asset trading analysis platform, known as VISTA, to incorporate advanced AI capabilities aimed at identifying market manipulation more quickly and comprehensively. VISTA, which is already used as a core investigati ...

Q1 2025 Financial Performance - Net revenue reached $1.77 billion, a 19% year-over-year increase[12, 14] - Adjusted EBITDA was $168 million, up 23% year-over-year[12, 14] - Adjusted EPS increased to $0.63, a 34% year-over-year rise[12, 14] - Cash used by operating activities was $65 million, primarily due to increased accounts receivable and early payments to suppliers[13] Segment Performance - Products & Solutions (P&S) revenue grew by 5% year-over-year to $649 million[14, 16] - P&S Adjusted EBITDA increased by 13% year-over-year to $158 million[14, 16] - ADI Global Distribution revenue increased by 29% year-over-year to $1.121 billion[14, 16] - ADI Adjusted EBITDA increased by 24% year-over-year to $72 million[14, 16] Financial Outlook for 2025 - The company projects total net revenue between $7.285 billion and $7.485 billion for 2025[27] - Adjusted EBITDA is expected to be in the range of $725 million to $805 million for 2025[27]