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Korean police reportedly arrest first person involved in Terra collapse
6.10.2022
The head of the business team of Terraform Labs was a part of Do Kwon’s inner circle
South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His
6.10.2022
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been...
Law Decoded, Sept. 26–Oct. 3: New episode of Do Kwon saga
4.10.2022
Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once
Crypto Fraudster Who Swindled Victims out of Bitcoin and ETH Gets 5-Year Jail Term
30.9.2022
A South Korean crypto fraudster who duped victims out of some $1.7 million worth of bitcoin (BTC), ethereum (ETH), and fiat has been handed a five-year jail sentence.
Chosun reported that the man (33), identified only by his surname Han, was sentenced by the Criminal Division of the Seoul Central...
Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar
29.9.2022
Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank...
WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’
29.9.2022
A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed
South Korea Seeks to Freeze 3,313 Bitcoin Allegedly Linked to Luna Founder Do Kwon
28.9.2022
South Korean prosecutors are seeking to freeze 3,313 bitcoins at two cryptocurrency exchanges allegedly tied to luna founder Do Kwon. The coins were moved soon after a South Korean court issued an arrest warrant for the Terraform Labs co-founder. Luna Foundation Guard has denied transferring...
South Korea Crypto Market Shrinks by 60% in Past Six Months – Are Investors Preparing a Move?
27.9.2022
The size of the South Korean crypto market has shrunk by a whopping 60% in the last six months as retail investors in the crypto-keen nation slash their crypto spending. But there is a suggestion that some traders in the nation are still dipping their toes in the market’s choppy waters, while...
Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
27.9.2022
The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims
Global Manhunt for Terra Luna Founder Do Kwon After Interpol Issues Red Notice
27.9.2022
The global law enforcement agency the International Criminal Police Organization (Interpol), issued a notice for Terraform Labs co-founder Do Kwon just a few weeks after a warrant for his arrest was issued by South Korean authorities. The red notice enables South Korea to receive help from global...
Terra co-founder Do Kwon says he's 'making zero effort to hide' following Interpol notice
26.9.2022
Do Kwon told his more than one million Twitter followers that he had not seen his name on Interpol’s Red Notice list, but not all names are made available to the public
Breaking: Interpol 'Red Notice' issued for Do Kwon — South Korea prosecutors
26.9.2022
The Terraform Labs co-founder faces charges in South Korea relating to the crash of the Terra ecosystems' cryptocurrencies
South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
24.9.2022
The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual assets from people accused of tax evasion in 2021. Almost 260 Billion Won in Crypto Seized for...
Korean crypto bank partners with Blockdaemon to offer retail staking services
22.9.2022
In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit
South Korean gov has confiscated 260B KWR in crypto for non-payment of taxes since 2021
22.9.2022
The country began seizing crypto to offset tax arrears last year
One of S Korea’s Biggest Card Issuers Launches Blockchain-powered platform to Help Customers Spot Fake Goods
19.9.2022
Shinhan Card, South Korea's biggest credit card company and a global top-five credit card issuer, has launched a blockchain-powered digital warranty service used to certify the authenticity of products.
South Korean news outlet Money Today has reported that the warranty service is first coming...
Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea ‘in April’
19.9.2022
South Korean prosecutors have labeled the Terraform Labs CEO Do Kwon a “fugitive” – and have claimed that he fled South Korea in April – several days before the crash of Terra ecosystem coins like TerraUSD (UST)....
Read More: Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea...
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
Ethereum Merging, Crypto Prices Rising, South Korea Do Kwoning and 20 Crypto Jokes
17.9.2022
First things first, you all know the big news, let’s say it together: Ethereum went through The Merge! Speaking of which, check out why The Merge may create a huge centralization problem, why it matters for Ethereum’s health that Lido thrives as a censorship-resistant entity, what awaits the miners...