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South Korea Seeks to Freeze 3,313 Bitcoin Allegedly Linked to Luna Founder Do Kwon
28.9.2022
South Korean prosecutors are seeking to freeze 3,313 bitcoins at two cryptocurrency exchanges allegedly tied to luna founder Do Kwon. The coins were moved soon after a South Korean court issued an arrest warrant for the Terraform Labs co-founder. Luna Foundation Guard has denied transferring...
Global Manhunt for Terra Luna Founder Do Kwon After Interpol Issues Red Notice
27.9.2022
The global law enforcement agency the International Criminal Police Organization (Interpol), issued a notice for Terraform Labs co-founder Do Kwon just a few weeks after a warrant for his arrest was issued by South Korean authorities. The red notice enables South Korea to receive help from global...
Interpol Has Issued a Red Notice for Do Kwon, Say South Korean Prosecutors
26.9.2022
The International Criminal Police Organization, known widely as Interpol, has issued a Red Notice on Do Kwon, the co-founder of Terraform Labs and the Terra ecosystem – as the manhunt for the elusive crypto chief continues.
South Korean prosecutors confirmed the Red Notice on September 26, per...
South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
24.9.2022
The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual assets from people accused of tax evasion in 2021. Almost 260 Billion Won in Crypto Seized for...
South Korean gov has confiscated 260B KWR in crypto for non-payment of taxes since 2021
22.9.2022
The country began seizing crypto to offset tax arrears last year
South Korean Taxman Has Seized $186m Worth of Crypto from Tax Dodgers in Past 2 Years, Says Gov’t
22.9.2022
South Korean tax authorities have seized over $186 million in crypto from tax-evading individuals since 2021.
According to data released by the Ministry of Strategy and Finance, the Ministry of Public Administration and Security, the National Tax Service, and 17 cities and provinces nationwide...
South Korean Police Swoop on 25 Suspected Kimchi Premium BTC Traders
21.9.2022
South Korean law enforcers continue to crack down on illegal kimchi premium traders – and have arrested 25 suspected traders who they think ran an illegal international bitcoin (BTC) trading ring.
KBS and Newsis reported that the South Jeolla Province branch of the National Police Agency’s...
South Korean Prosecutors Turn to Interpol for Help in Hunt for Do Kwon
20.9.2022
Source: Screenshot/YouTube/Coinage
South Korean prosecutors continue to turn up the heat on the Terraform Labs co-founder Do Kwon – and have asked Interpol to issue the man they now call a “fugitive” with a red notice.
Newsis reported that the Seoul Southern District Prosecutor’s Office’s...
South Korean authorities ask Interpol to issue 'Red Notice' for Do Kwon: Report
19.9.2022
According to Interpol, there are currently 7,151 individuals publicly named on the agency’s Red Notice list out of 69,270
Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups
19.9.2022
Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated...
Luna Founder Do Kwon Isn’t in Singapore, Police Say After South Korean Court Issues His Arrest Warrant
19.9.2022
Terraform Labs founder Do Kwon is not in Singapore, local police say. Accused of fraud after the collapse of cryptocurrencies luna and terrausd, he is wanted in South Korea after a court issued an arrest warrant for him. However, Kwon insists that he is not “on the run.” Police Say...
South Korean ministry recommends enactment of special Metaverse laws
18.9.2022
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems
South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report
15.9.2022
According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day after it was reported that Seoul’s Southern District Prosecutors Office issued...
South Korean prosecutors apply to revoke Do Kwon and other Terra employees' passports
15.9.2022
Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea
South Korean Authorities to Void Do Kwon’s Passport and Expedite Deportation
15.9.2022
South Korean prosecutors have intensified their efforts to capture Do Kwon, the co-founder and CEO of Terraform Labs – with the Ministry of Foreign Affairs ready to step in to void his passport.
Munhwa Ilbo reported that the Seoul Southern District Prosecutors’ Office has asked the Ministry...
Report: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon
14.9.2022
A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets law. In addition to the arrest warrant, prosecutors will reportedly request an Interpol...
Is LUNA a Security? South Korean Prosecutors Want to Know the Answer
14.9.2022
South Korean prosecutors are looking into whether Terra Luna Classic or LUNC (formerly LUNA) can be considered a security – as they continue their probe into Terraform Labs and Terra ecosystem coins....
Read More: Is LUNA a Security? South Korean Prosecutors Want to Know the Answer
South Korean Prosecutors Issue Do Kwon Arrest Warrant
14.9.2022
South Korean prosecutors have issued an arrest warrant for Do Kwon (real named Kwon Do-hyeong) the, co-founder and CEO of Terraform Labs – the firm behind the Terra ecosystem coins LUNA and LUNC.
Kwon is currently residing in Singapore. Per Digital Today, South Korean prosecutors may seek aid from...
Startup Aims to Become First South Korean Crypto Player to List on KOSDAQ Exchange
13.9.2022
A South Korean crypto and blockchain startup is aiming for the KOSDAQ, the country’s stock exchange, and could become the nation’s first publicly listed company.
The company, named Blocko, has hired one of the nation’s top financial firms – Shinhan Financial Investment – to manage the listing...
Number of South Korean 20- and 30-something Crypto Buyers Has ‘Nearly Tripled’ Since 2020
13.9.2022
More young South Koreans than ever are buying crypto, with the number of 20- and 30-somethings taking the plunge tripling since 2020. But this rise in bullish buying behavior has come at a price – with a sharp rise in youth bankruptcy claims reported over the same period....
Read More: Number...