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Nalezeno "korean": 1715

LUNA token is not a security, rules S.Korean court in Terra co-founder case

24.4.2023
The court in its ruling noted that It is difficult to see Luna coin as a financial investment product regulated by the Capital Markets Act

Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

22.4.2023
The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped its opposition to the central bank’s bid after it was accused of seeking to make...

S Korean President Calls for ‘War’ on Crypto-powered Drug Trafficking

19.4.2023
South Korean President Yoon Seok-yeol has declared an “all-out war” on crypto-powered drug trafficking after a large number of narcotics-trading teens were handed jail time. Per Today Korea, Yoon said there was a “need” to “mobilize all government capabilities in the fight against drugs.” At...

South Korean ‘Crypto Drug-trading Teens’ Jailed

18.4.2023
A “continuous” flow of South Korean teens is being given jail time as law enforcers continue a crackdown on crypto-powered drug trading. Kyungnam Shinmun reported that courts in the southern city of Changwon are now “sentencing teens and people in their twenties to imprisonment, one after...

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

16.4.2023
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent...

Korean ‘Crypto Murder’ Case: Couple Paid ‘Killer’ – Here’s What We Know

13.4.2023
A couple at center of a crypto murder-kidnap case that has rocked South Korea have reportedly confirmed that they gave money to the suspected killer of a 48-year-old woman. Police have thus far arrested and charged seven people after the woman’s body was found late last month abandoned near a...

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

Terra Founder Do Kwon’s Crypto Stash Under Threat as S Korean Prosecutors Make Move

12.4.2023
South Korean prosecution officials want to freeze crypto holdings and cash belonging to the Terraform Labs founder Do Kwon, and have asked a court to help them freeze funds located in Switzerland and elsewhere. Per the newspaper The Joongang, prosecutors are “proceeding with the process of tying...

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

LABEL Foundation Secures 7 Digit Investment From DWF Labs

10.4.2023
PRESS RELEASE. As per the latest news, LABEL Foundation, a Korean-based organization dedicated to revolutionizing the music industry through the power of blockchain technology, has secured a major investment in the venture round funding from DWF Labs, the multi-stage Web 3.0 investment firm....

South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders

7.4.2023
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange....

Do Kwon converted stolen funds from Luna to Bitcoin: S.Korean prosecutors

7.4.2023
South Korean prosecutors have reached out to Binance to request a halt on any withdrawal linked to Do Kwon

S Korean Police Raid Plastic Surgery, Identify Suspects in ‘Crypto Murder’ Case – Here’s the Latest

5.4.2023
South Korean police have raided a plastic surgery clinic in connection with the suspected crypto-motivated kidnap and murder of a 48-year-old woman. The woman’s body was found late last month in a case that has dominated headlines in the country. Three men were captured on video apparently...

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

5.4.2023
Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South...

North Korean Hackers Target Cryptocurrency Firms in Massive 3CX Supply Chain Hack – Here's What Happened

4.4.2023
Russian cybersecurity firm Kaspersky has warned of a new form of attack on cryptocurrency firms, which it says is carried out with "surgical precision" by hackers using corrupted software. Kaspersky's research identified several crypto-focused companies as victims of the 3CX software supply-chain...