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Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision


Multiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the United States. Terraform Labs’ Former CEO Do Kwon...

Do Kwon Appeal On Extradition To South Korea Denied by Montenegro Court


A Montenegro appeal court has denied Do Kwon's appeal to overturn a ruling mandating him to be extradited to South Korea. Following a high court ruling in Podgorica on March 5, Kwon is set to be extradited to face charges related to the collapse of Terra in May 2022. The post Do Kwon Appeal...

Do Kwon’s Extradition Appeal To South Korea Denied by Montenegro Court


A Montenegro appeal court has denied Do Kwon's extradition appeal to overturn a ruling mandating him to be extradited to South Korea. Following a high court ruling in Podgorica on March 5, Kwon is set to be extradited to face charges related to the collapse of Terra in May 2022. The post...

South Korean Altcoin Issuer Arrested on $16.1m Fraud Charges


A South Korean altcoin issuer has been arrested on fraud charges. Prosecutors in the country have accused him of duping investors out of $16.1 million. The post South Korean Altcoin Issuer Arrested on $16.1m Fraud Charges appeared first on Cryptonews

What Causes the Kimchi Premium? South Korean Experts Explain


Kimchi premium crypto price discrepancy is driven by a lack of South Korean corporate investment in Bitcoin, say South Korean experts. The post What Causes the Kimchi Premium? South Korean Experts Explain appeared first on Cryptonews

South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion


The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had contracted the services of a third-party company to help...

South Korea suggests crypto management system to fight tax fraud


South Korea is preparing and implementing robust measures to combat tax evasion associated with virtual assets. The National Tax Service of South Korea has designated GTIC for the integrated management system (ISP) of virtual assets in an effort to prevent tax evasion. With big measures being...

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