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Nalezeno "South Korean": 1023

South Korean Police Arrest Girl Aged 14 for Buying Crystal Meth with Crypto

8.3.2023
A 14-year-old South Korean girl has been arrested on suspicion of using cryptoassets to buy methamphetamine (crystal meth). Per Dong-a Ilbo, the girl is a third-grade middle school student who lives the in Dongdaemun District of Central Seoul. Police say she was found “collapsed” on a stairwell...

South Korean Police Form New Crypto Scam-fighting Cybercrime Taskforce

7.3.2023
South Korean police have announced that they will launch a new crypto scam-busting cybercrime taskforce. KBS reported that police say that one of the new taskforce’s “three main tasks” will be dismantling and fighting crypto scams. Crypto-related fraud is on the rise in South Korea, with several...

South Korean Regulator Is Probing Crypto Staking Services

24.2.2023
A top South Korean financial regulator has launched a probe into domestic crypto staking services. And crypto exchanges are concerned this means new staking-related regulations could be incoming. The media outlet News1 reported that the Financial Supervisory Service (FSS) has “recently requested”...

South Korean Police Arrest 30 in $8m ‘Crypto Scam’ Bust

22.2.2023
South Korean police have arrested 30 people as part of an investigation into a suspected $ 8 million crypto scam. Masterminds appear to have promised investors “guaranteed gains” of up to 2,000%.... Read More: South Korean Police Arrest 30 in $8m ‘Crypto Scam’ Bust

South Korea’s Second-Largest City Aims to Become a Crypto Hub

15.2.2023
South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto could help turn things around by attracting young people, tech startups,...

Seoul Sanctions North Korea Over Crypto Theft

12.2.2023
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean...

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

8.2.2023
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state....

South Korean Officials Traveled to Serbia to Locate Terra's Do Kwon

7.2.2023
A group of South Korean officials has traveled to Serbia in a bid to locate Do Kwon, the co-founder of Singapore-based Terraform Labs, the parent company of crashed stablecoin TerraUSD. According to a Tuesday report by Bloomberg, a team of South Korean officials went to Serbia last week to seek...

South Korean Regulators Set to Carry out ‘Regular’ Crypto Firm Probes

31.1.2023
South Korean financial regulators will start conducting “regular” on-site inspections at domestic crypto firms this year. And they say they will investigate not only exchanges, but also wallet operators and crypto custody-related firms. The announcement was made by the top financial regulator,...

Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months

31.1.2023
The South Korean government will adopt a cryptocurrency tracking system within the first half of this year, the country’s Ministry of Justice reportedly announced. The tracking system will be used to monitor and analyze crypto transactions, particularly to uncover the sources of illegal...

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