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Nalezeno "korean": 1388

‘Crypto Debt’ Drove South Korean College Student to Armed Robbery


A South Korean man has been handed a suspended jail term of almost three years after he was found guilty of armed robbery “to clear a crypto debt.” According to the South Korean media outlet WowTV, the unnamed criminal was 22 years old and had amassed debts of over $37,000 due to “failed...

South Korean Police Arrest 312 in Crypto-powered Drug Trading Busts


South Korean police are stepping up their crackdown on crypto-powered drug trafficking, and have made 312 arrests in a wide-sweeping narcotics bust. The broadcaster KBS reported that the arrests were carried out by the Seoul Metropolitan Police Agency’s Drug Crime Investigation. The suspects were...

North Korea Hackers Continue to Target Crypto Platforms: UN Report


Hackers working for North Korea have continued to attack companies in the crypto space this year, according to independent sanctions monitors. Their findings, which reveal that Pyongyang proceeds with the development of its nuclear and weapons programs, will be included in a U.N. report which is...

S Korean Prosecutors Want to Jail $651m ‘Crypto Scammers’ for 12-15 Years


South Korean prosecutors say they hope to jail executives thought to be behind a $651 million crypto scam to prison for up to 15 years. Per the media outlet Asia Kyungjae, the alleged scam saw 8,000 people left out of pocket. The scammers allegedly offered individuals “payouts” if they paid their...

Cronos Labs enters the Korean market


Cronos Labs, known for its blockchain network, has announced that it is now targeting the market of Korea for its global expansion. The move became more evident when Cronos Labs marked its presence at the Seoul Web3 Festival to judge some of the upcoming dApps, short for decentralized applications....

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