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S. Korean Authorities Ask Interpol to Issue Red Notice for Terra Co-Founder Do Kwon: Report
19.9.2022
Authorities in Singapore confirm that Kwon is no longer in-country, while he maintains that he’s not “on the run.”
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
S. Korean City Busan Taps Huobi to Develop Blockchain Infrastructure
14.9.2022
Huobi Global and Huobi Korea will work closely with the city to develop its nascent blockchain industry
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...
S. Korean Court Issues Arrest Warrant Against Terra Co-Founder Do Kwon: Report
14.9.2022
The warrant has been issued against Kwon and five others, according to the report
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...
Crypto Community Making It Hard for North Korean Hackers to Benefit
9.9.2022
The startling increase in money plundered from DeFi technologies, especially in specific cross-chain bridges, is one of the most alarming developments in cryptocurrency crime. Professional hacker groups like Lazarus Group and other North Korean-affiliated malicious people are responsible for...
US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers
9.9.2022
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident...
Investor Sues Korean Crypto Exchange for Delaying Coin Transfer Before Luna Crash
8.9.2022
A cryptocurrency investor has reportedly sued South Korean crypto exchange Upbit after the trading platform delayed processing his luna coin transfer prior to its crash. The Korean crypto exchange is investigating the details of the lawsuit. Upbit Sued by Crypto Investor Dunamu Inc., the company...
South Korean regulators to prepare guidelines for security tokens in 2022
7.9.2022
South Korea will get a separate security tokens market operated by Korea Exchange
South Korean Police Swoop on 86 Suspected Bitcoin-using Drug Traders
7.9.2022
South Korean police officers continue to close the net on suspected darkweb-based drug traders – with officers in North Gyeongsang Province arresting 86 people they believe bought or sold narcotics using bitcoin (BTC) as a payments tool.
As reported last month, officers in the capital Seoul...
World Vision Becomes First South Korean Charity to Accept Crypto
6.9.2022
\The South Korean arm of the charitable organization World Vision has announced that it will accept donations made in cryptoassets – a first for a South Korean NGO.
Per the media outlet EDaily, as well as Maeil Kyungjae, the charity has signed a “blockchain cooperation deal” with a startup named...