by Chinwe Okafor

We learnt earlier that it became legal to have an affair in South Korea. However, a lot of people seem to be cashing out on this.

South Korea’s highest court scrapped the controversial anti-adultery law due to it “infringing people’s freedom to make their own decisions on sex, and violated the country’s privacy laws” sending the shares of the country’s biggest condom maker surging.

Stock of South Korean latex products manufacturer Unidus Corp. climbed 15%, the daily maximum on Korea’s Exchange, after the court announced its decision on Thursday.

According to reports in Korean media, adulterers convicted under the law faced up to two years in jail and more than 50,000 South Koreans have been convicted for cheating on their spouses, and 35,000 were sentenced to jail time.

The anti-adultery law was first passed in 1953 to protect women in the male-dominated society.