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South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His
6.10.2022
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been...
South Korean Prosecutors Freeze $39.6M in Crypto Owned by Terraform’s Do Kwon: Report
5.10.2022
S Korean Entertainment and Crypto Worlds Rocked by Bithumb ‘Boss’-Park Min Young Revelations
29.9.2022
It is a story that has sent shockwaves through both the South Korean entertainment world and the crypto industry – with allegations that the mysterious main shareholder of the crypto exchange Bithumb has been dating one of the country’s leading female actresses. But while this news might...
Terraform Labs Calls S. Korean Authorities’ Arrest Warrant for Do Kwon Overreach: Report
28.9.2022
A Terraform spokesperson claimed that its Luna cryptocurrency wasn’t a security, meaning it wasn’t covered by South Korea’s capital-markets law
Korean Authorities Seize $67 Million in Bitcoin Linked to Do Kwon
28.9.2022
The securities violation case surrounding Terra has been complicated even further. The South Korean authorities recently requested KuCoin and OKX to freeze over 3,313 Bitcoin allegedly tied to Do Kwon. The reported BTC amounts to over 67 million dollars as of September 28. The Co-Founder of Terra...
S. Korean Crypto Project Klaytn Will Offer Gas Fee Rebates to Gaming Firms
28.9.2022
The South Korean project said it would offset user gas fees and contract fees charged to gaming companies built on its platform
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...
Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
27.9.2022
The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims
S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra's Do Kwon
27.9.2022
Interpol has issued a Red Notice for Kwon's provisional arrest pending extradition as a worldwide search for the Terraform Labs co-founder continues
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...
Korean crypto bank partners with Blockdaemon to offer retail staking services
22.9.2022
In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit
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...
S. Korean Watchdog Says $7.2B Transfered Overseas Mainly Through Crypto Exchanges: Report
22.9.2022
South Korea's financial watchdog found that since June there have been $7.2 billion abnormal foreign exchange transactions, most of which were transferred through cryptocurrency exchanges, Bloomberg reported on Thursday
Web3 Game Platform Iskra Raises $40M, Partners with Gate․io for Token Generation Event
22.9.2022
PRESS RELEASE. Iskra, a web3 community game platform that raised $40M from Korean tech giants Krust, Wemade, Netmarble, LINE Studio and others, plans to hold its first Token Generation Event (TGE) on global exchange Gate.io. The TGE is scheduled for Thursday, September 29, 2022, at 9:00 am UTC....
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