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South Korean Crypto Exchange Upbit Obtains Regulatory Approval in Singapore
18.10.2023
Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore’s main financial regulator. The authorization will allow the trading platform to provide regulated services in the Southeast Asian city-state which has established itself as a crypto hub. Upbit Singapore...
S Korean Crypto Exchange Exec Jailed for Coin Price Manipulation
27.9.2023
A South Korean court has jailed a former senior executive of the crypto trading platform Coinone for taking bribes in exchange for listing altcoins.
The Seoul Southern District Court sentenced an individual surnamed Jeon (age 41) to four years in prison, Newsis reported.
Jeon was the former...
ApeCoin surges 1,950% on South Korean crypto exchange Upbit
12.4.2023
The APE/BTC trading pair reached an all-time high of around $90 apiece on the exchange
Employees of South Korean Crypto Exchange Coinone Arrested: Report
11.4.2023
Seoul Southern District Court Chief Judge Kim Ji-Sook issued a warrant for the arrests on Monday, saying "There is concern about escaping."
South Korean crypto exchange GDAC hacked for nearly $14M
10.4.2023
The exchange said that all deposits and and withdrawals are temporarily suspended as it performs emergency server maintenance
S. Korean Crypto Exchange Gdac Hacked for Nearly $13M
10.4.2023
The exchange said on Sunday hackers transferred the crypto assets from a hot wallet to an unidentified wallet
Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax
4.2.2023
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of crypto exchange FTX and the bankruptcy filing of crypto lender Genesis Global. Binance...
Former Chairman of South Korean Crypto Exchange Bithumb Arrested: Report
2.2.2023
Kang Jong-hyun, a former chairman at South Koean cryptocurrency exchange Bithumb has been arrested on Thursday
Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage
16.1.2023
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial losses resulting from the exchange’s service outage. Bithumb...
Executive Linked to Crypto Exchange Bithumb Found Dead Outside His Home: Report
4.1.2023
An executive of the largest shareholder of cryptocurrency exchange Bithumb was found dead outside his home. He allegedly committed suicide by jumping off a building while under investigation by Korean prosecutors for embezzlement and stock market manipulation. Executive Found Dead Amid...
Executives from $1.5B South Korean crypto exchange fraud jailed
28.12.2022
The latest court action now takes the number of V Global execs behind bars up to seven, as the CEO, known as Mr. Lee was previously sentenced to a 22 year prison term
South Korean Crypto Exchange CEO to Serve 25 Years in Jail After Appeal Fails
2.12.2022
The CEO of a South Korean crypto exchange who was found guilty of murdering his lover by stabbing her and pushing her out of a 19th-storey apartment window has had his appeal rejected – and will serve 25 years in prison....
Read More: South Korean Crypto Exchange CEO to Serve 25 Years in Jail After...
Korean Crypto Exchange Upbit's Parent Q3 Profit Slides 73%: Report
29.11.2022
Dunamu's net profit dropped to 160 billion won ($120 million), hit by lower trading and crypto market declines, CoinDesk Korea reported Tuesday
WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token Removal
28.11.2022
According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. The Wemade CEO accused Upbit of applying different standards and of failing to furnish...
South Korean Crypto Exchange Gopax Services Hit by Genesis Disruption
17.11.2022
Crypto chaos is finally taking its toll on South Korean exchanges – with the crypto investment bank Genesis’ decision to pause redemptions and new loan offerings earlier this week disrupting services on the Gopax trading platform.
Platforms in the nation have – until very recently – appeared...
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...
FTX in Talks to Buy South Korean Crypto Exchange Bithumb: Report
26.7.2022
Bithumb’s parent company is considering both an outright sale or entering into joint ownership
South Korean Crypto Exchange Heavyweight Bithumb Gains Operating Permit
23.11.2021
The last of the South Korean “big four” crypto exchange platforms – Bithumb – has finally received an operating license from the nation’s financial regulator, the Financial Intelligence Unit (FIU).
Bithumb had submitted its application to the FIU ahead of the latter’s September 24 deadline....
Man ‘Tried to Set Himself on Fire’ at S Korean Crypto Exchange Upbit Customer Center
4.11.2021
A man who police claim was ready to set himself on fire at the South Korean crypto exchange giant Upbit’s flagship customer service center has been taken into custody and charged with attempted arson.
Per iNews24, as well as SBS and the Hankyoreh, at 4:20 PM local time on November 4, police...
Korean crypto exchange Upbit to halt withdrawals for unverified users
4.10.2021
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week