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Nalezeno "Korea": 2210

Top South Korean Scam Crypto Exchange Exec Given 8-year Jail Sentence


The top executive at a South Korean scam crypto exchange that duped over 50,000 investors out of a combined $1.7 billion will serve an eight-year jail sentence after a court found him guilty of fraud. Kyeongin Ilbo and Economist.co.kr reported that the Criminal Division of the Suwon District Court...

North Korea’s Crypto Hacking Efforts to Intensify in 2023, Warns Seoul


Intelligence chiefs south of the DMZ have warned that North Korea’s crypto hacking campaigns will likely intensify in the year ahead. Per YTN, the South Korean National Intelligence Service (NIS) has recently established a National Cybersecurity Cooperation Center – along with private security...

South Korean Tax Officials Have Seized Crypto from 5,741 People


South Korean tax authorities have seized crypto from 5,741 citizens since 2020. Tax officials say the citizens in question were guilty of tax evasion or defaulting on tax bills. KBS reported that data was released by the National Tax Service (NTS), following a freedom of information request from...

Regulators in Japan, South Korea Want to Police Stablecoins


The top Japanese financial regulator has stated that it intends to police “algorithmic stablecoins.” And the South Korean central bank also wants the power to regulate fiat-pegged tokens.... Read More: Regulators in Japan, South Korea Want to Police Stablecoins

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