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South Korean Exchange CEO Sentenced to 16 Years in Prison


A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years. They duped thousands of investors, promising them up to 200% return within...

Did South Korea Just 'Sentence Blockchain Gaming to Death'?


South Korean gaming industry representatives say that the government may have doomed blockchain gaming to oblivion – after a regulator banned Infinity Star, a game that makes use of Ethereum ERC 721 Non Fungible Tokens (NFTs). Late last week, the Game Rating and Administration Committee (GRAC)...

200,000 People Have Signed Ross Ulbricht’s Clemency Petition


Ross Ulbricht is forced to spend the rest of his life in prison, and October 1 marked the beginning of his seventh year behind bars. Ulbricht has recently authored a letter explaining that he’s “forgotten what freedom actually feels like” and he’s also realized that he lost...

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