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Crypto Phishing Attacks ‘Rampant’ in South Korea – Report
2.5.2024
Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.
The post Crypto Phishing Attacks ‘Rampant’ in South Korea – Report appeared first on Cryptonews
South Korean Tech Giants Naver, Kakao Aim to Launch Token in June
1.5.2024
The South Korean tech giants Naver and Kakao are set to finalize their blockchain merger plans with a token launch in June.
The post South Korean Tech Giants Naver, Kakao Aim to Launch Token in June appeared first on Cryptonews
South Koreans Warned to Declare Overseas Crypto Exchange Holdings
30.4.2024
South Korean crypto holders were warned to declare their overseas crypto exchange holdings – or face a potential “tax bombshell.”
The post South Koreans Warned to Declare Overseas Crypto Exchange Holdings appeared first on Cryptonews
North Korean Lazarus Group Allegedly Laundered Over $200 Million in Stolen Crypto from 2020 to 2023
30.4.2024
These illicit funds were obtained through over 25 crypto hacks orchestrated by the Lazarus Group, which has gained infamy since its emergence in 2009.
The post North Korean Lazarus Group Allegedly Laundered Over $200 Million in Stolen Crypto from 2020 to 2023 appeared first on Cryptonews
South Korean ministries look to upgrade status of crypto crime unit
29.4.2024
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea
North Korean Lazarus Group laundered over $200M in hacked crypto since 2020
29.4.2024
The notorious group of hackers used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds
South Korea to Make Temporary Crypto Investigative Unit Permanent
29.4.2024
South Korea is taking decisive measures to combat the surge in cryptocurrency-related crimes and fraud cases by moving to establish its temporary crypto investigative unit as a permanent entity.
The post South Korea to Make Temporary Crypto Investigative Unit Permanent appeared first on Cryptonews
Lazarus Group Targets LinkedIn Users, Impersonates Fenbushi Capital Executive: SlowMist
29.4.2024
The notorious Lazarus Group, allegedly backed by North Korea, has added a new weapon to its arsenal, which is now targeting LinkedIn users.
The post Lazarus Group Targets LinkedIn Users, Impersonates Fenbushi Capital Executive: SlowMist appeared first on Cryptonews
Telegram Becoming ‘Crypto-powered Narcotics Department Store’ for South Koreans
29.4.2024
Crypto-powered narcotics gangs have turned Korean-language Telegram channels into “drugs department stores” and a “playground” for young South Koreans, media outlets reported on April 28.
The post Telegram Becoming ‘Crypto-powered Narcotics Department Store’ for South Koreans appeared first...
South Korean Prosecutor Jailed for Leaking Info in Crypto Fraud Case
26.4.2024
A South Korean prosecutor was jailed for leaking sensitive information in a high-profile crypto fraud case, domestic media outlets reported on April 25.
The post South Korean Prosecutor Jailed for Leaking Info in Crypto Fraud Case appeared first on Cryptonews
Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share
25.4.2024
Upbit, a Seoul-based exchange located in the upscale Gangnam district, has captured the majority of the Korean crypto market.
The post Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share appeared first on Cryptonews
South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy?
25.4.2024
The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24.
The post South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy? appeared first on Cryptonews
Lazarus Group Targeting LinkedIn Users As Part Of North Korea Crypto Hacking Scheme
24.4.2024
Lazarus group, a crypto hacking collective sponsored by North Korea, is reportedly targeting LinkedIn users in the crypto sector as part of its latest crypto malware attempt, blockchain security firm SlowMist alleges.
The post Lazarus Group Targeting LinkedIn Users As Part Of North Korea Crypto...
North Korean Lazarus hacker group using LinkedIn to target and steal assets: Report
24.4.2024
Lazarus group first surfaced in 2009, and since then, it has primarily targeted crypto firms, stealing billions of dollars worth of assets
South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust
24.4.2024
South Korean police have arrested 49 people in a raid on a suspected crypto-powered drugs trading gang, officers announced on April 23.
The post South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust appeared first on Cryptonews
Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe
23.4.2024
The firm maintains the "highest" anti-money laundering standards in the industry, it said in a statement to CoinDesk
Coin Gate Scandal Lawmaker ‘to Rejoin South Korea’s Biggest Political Party’
23.4.2024
The lawmaker at the center of South Korea’s “Coin Gate” scandal is set to return to the Democratic Party, the National Assembly’s biggest political party.
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South Korean Inmate on Funeral Leave Robs Crypto Buyer of $363,000
18.4.2024
Local sources have reported that a South Korean inmate, temporarily released to attend a funeral, exploited a cryptocurrency over-the-counter (OTC) deal to rob another individual. He enticed the buyer by offering to sell the digital assets at a rate below the prevailing market value and stole...
Former Ethereum Developer Virgil Griffith Seeks Sentence Reduction for Assisting North Korea with Blockchain Technology
18.4.2024
Former Ethereum developer Virgil Griffith, who was sentenced to 63 months in prison in 2022 for assisting North Korea in utilizing blockchain technology, has filed a request for a sentence reduction.
The post Former Ethereum Developer Virgil Griffith Seeks Sentence Reduction for Assisting North...
Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’
18.4.2024
An escaped South Korean criminal suspect reportedly stole almost $362,000 worth of cash in an armed robbery on an OTC crypto buyer.
The post Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’ appeared first on Cryptonews